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Policy rates lowered from 13 to 12 percent  E-mail
Thursday, 04 June 2009 09:44

The central bank of Iceland announced that the policy rates are to be lowered from 13 to 12 percent. The decision of the bank will be reasoned at a press conference at 11am.The interests of day loans are also lowered by 1,0 percent but other interest rates of the central bank of Iceland have not been changed.


News Article by noname
Translated by Anya
Original Article in Icelandic

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