Eurozone interest rates return to all time high | Business News

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The rate of interest within the 20 Eurozone nations has been returned to the best ever stage.

Not since October 2000 have charges been at this all time excessive within the nations utilizing the euro.

On Thursday, the European Central Financial institution elevated its benchmark fee to three.75%, up 0.25 share factors, making borrowing dearer as inflation stood at 5.5% within the yr as much as June.

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