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KM Financial Solutions | UPDATE 1-Icelandic central bank cuts key rate again on coronavirus impact
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UPDATE 1-Icelandic central bank cuts key rate again on coronavirus impact

17 Mar UPDATE 1-Icelandic central bank cuts key rate again on coronavirus impact

Posted at 08:42h in News by
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Iceland’s central bank on
Wednesday cut its key interest rate for the second time in a
week to 1.75% and released banks’ emergency capital buffer to
ease its monetary stance due to the spread of the coronavirus
and its impact on the economy.

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