The European Central Bank has left key interest rates and its QE asset purchasing scheme unchanged. It also left its deposit rate at -0.4 percent and its marginal lending rate at 0.25The ECB held its key refinancing rate at a record-low level of 0 percent on Thursday, where it’s been since March. It also left its deposit rate at -0.4 percent and its marginal lending rate at 0.25 percent. The bank also promised to keep its 80 billion euro ($90.4 billion) monthly asset purchases in place until at least next March. All eyes are now on ECB chief Mario Draghi, who will hold at press conference at 2:30 p.m. local time.

Source: Daily News Egypt September 08, 2016 17:26 UTC