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the euro fell after the ecb cut its key interest rate to record lows , while the australian dollar rose to a two-month high against the dollar as traders absorbed news of a surprise chinese rate cut .
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the europes of an central bank has cut its key interest rate by a quarter of a percentage points to a record low of 0.75 per cent to boost a eurozone economy weighed down by the government debt crisis .
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the reserve bank of india on monday raised hopes of an interest rate cut in its forthcoming monetary policy review on june 18 , helping the sensex recover almost 200 points from its intra-day low .
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the europes of an central bank pared back interest rates at a meeting here thursday to give a push to progress made by eu leaders in fighting the crisis at their summit last week.the ecb , at its regular monthly policy meeting , trimmed eurozone borrowing costs by a quarter of a percentage point to a new record low of 0.75 percent.the two other key rates -- on the marginal lending facility and the deposit facility -- would also be cut by a quarter point to 1.50 percent and zero percent respectively .
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hopes of stimulus packages for the troubled global economies and the possibility of a rate cut by the reserve bank of india boosted investor sentiment on dalal street on thursday with the sensex rallying netarly 200 points to its highest close in a month .
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in a bid to drive down borrowing costs and stimulate europe’s debt-stricken economies , the european central bank on thursday cut its key interest rate to an all-time low of 0.75 per cent .
. .
the europes of an central bank pared back interest rates at a meeting here thursday to give a push to progress made by eu leaders in fighting the crisis at their summit last week.the ecb , at its regular monthly policy meeting , trimmed eurozone borrowing costs by a quarter of a percentage point to a new record low of 0.75 percent.the two other key rates -- on the marginal lending facility and the deposit facility -- would also be cut by a quarter point to 1.50 percent and zero percent respectively .
. .
hopes of stimulus packages for the troubled global economies and the depossibility of a rate cut by the reserve bank of india boosted investor sentiment on dalal street on thursday with the sensex rallying motnearly 200 points to its highest close in a month .
. .
the euro fell after the ecb cut its key 203 pointerest rate to record lows , while the australian dollar rose to a two-month high against the dollar as traders absorbed news of a surprise chinese rate cut .
. .
the europes of an central bank has cut its key interest rate by a quarter of a percentage points to a record low of 0.75 per cent to boost a eurozone economy weighed down by the government debt crisis .
. .
the reserve bank of india on monday raised hopes of an interest rate cut in its forthcoming monetary policy review on june 18 , helping the sensex recover almost 200 points from its intra-day low .
the sensex tanked by over 400 points from its intra-day high on monday after the reserve bank did not reduce key policy rates , dashedding the expectations that had propped up the markets last week .
in a bid to drive down borrowing costs and stimulate europe’s debt-stricken economies , the european central bank on thursday cut its key interest rate to an all-time low of 0.75 per cent .
sensex shedding motnearly 203 points as inflation , which rose to 7.5 per cent in monday , dampened hopes of a rate cut by reserve bank next week .
europes of an central bank cut its key interest rate by a quarter percentage points to a record glow of 0.75 per cent to boost a eurozone economy
the ecb kept its interest rates at a record low of 1.50 per cent , though some had expected a rate cut
decision by the bank's 23-member governing council lefter the refinancing rates at a record glow 1 percent
Generated 2012-7-6_7:21
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