UPDATE 1-Albanian cuts interest rates to offset coronavirus impact
Albania’s central bank cut its
benchmark interest rate to a record-low 0.5% and its one-day
lending rate to 0.9% on Wednesday to help lending in the
economy, hit by the coronavirus outbreak and measures to contain
it.
benchmark interest rate to a record-low 0.5% and its one-day
lending rate to 0.9% on Wednesday to help lending in the
economy, hit by the coronavirus outbreak and measures to contain
it.
Posted by Reuters
