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Euro Stable As ECB Retains Base Rate At 1%
11/5/2009 7:51 AM ET
TOP MARKET NEWS
Stocks Close Sharply Lower On Financial Crisis In Dubai - U.S. Commentary
IAEA Censures Iran Over Nuclear Program
Stocks Stage Recovery Attempt But Remain Mostly Negative - U.S. Commentary
Stocks Regaining Ground After Seeing Initial Sell Off - U.S. Commentary
Stocks Move Sharply Lower In Early Trading On Dubai Concerns - U.S. Commentary
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(RTTNews) -  As widely expected, the Frankfurt-based European Central Bank held its key interest rate unchanged for the sixth straight month at 1%. The euro stabilized against its major opponents following the rate announcement. Currently, the euro is quoted at 1.5115 against the Swiss franc, 0.896 versus the pound, 134.5 against the yen and 1.487 versus the US dollar.

by RTT Staff Writer

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