CBM's central intervention rate down to 4% (Maltamedia.com Daily News)

Story date: 2007-12-29 12:43:31
Added on: 2007-12-29 05:57:36

The Central Bank of Malta today reduced the central intervention rate by 25 basis points to 4.00% with immediate effect. The decision was taken by the Governor at the end of the Monetary Policy Advisory Council (MPAC) meeting held on Friday morning. The Governor explained that the reduction in the central intervention rate completes the process of convergence of official interest rates in ...


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