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Romania Cuts Benchmark Interest-Rate for Fourth Time (Update2)

[May 04, 2010] [via YahooNews]

May 4 (Bloomberg) -- Romanias central bank cut its main interest rate a quarter point to help drag the economy out of a recession, signaling the pace of easing may slow on concern Greeces debt crisis may complicate the recovery.


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Tags : bloomberg | debt crisis | economy | interest rate | pace | quarter point | recession

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