DailyMarkets.com - Czech Republic Cuts Rate 20 Bps To Record Low Of 0.05%

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Czech Republic Cuts Rate 20 Bps To Record Low Of 0.05% Posted: 01 Nov 2012 06:15 AM PDT     The central bank of the Czech Republic cut its benchmark two-week repo rate by 20 basis points to a  record low of 0.05 percent.     The board of the Czech National Bank (CNB) also cut the Lombard rate, the ceiling for short-term money market rates that is used to provide overnight liquidity to banks, by 50 basis points to 0.25 percent. The discount rate, the floor for short-term money market rates that is used for overnight deposits at the central bank, was cut by … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Tunisia Holds Rate Steady, Sees Signs Of Easing Inflation Posted: 01 Nov 2012 05:55 AM PDT     The central bank of Tunisia held its benchmark interest rate steady at 3.75 percent, despite expectations for an increase, saying inflationary pressures were still rising though there were some initial signs of an easing that still had to be confirmed.     Banque Centrale de Tunisie said there was a recovery in the export of textiles, clothing, and mechanical and electrical industries in September and early October but this was outpaced by higher imports of energy, … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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