Thursday, January 13, 2011

The Central Bank of Latvia Kept the Refinancing Rate at 3.50%

The central bank of Latvia maintained its benchmark refinancing rate unchanged at 3.50%. The Bank also kept the 7day deposit facility rate unchanged at 0.375% and the overnight deposit facility rate at 0.25%, and made no adjustments to reserve requirements. The Bank noted there was no significant threats to price stability at this time.


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