New Movies Update's
United Six (2011)    l    Patiala House (2011)     l    Utt Pataang (2011)    l    Yeh Saali Zindagi (2011)     l   Dil Toh Baccha Hai Ji (2011)    l   The Green Hornet (2011)     l    Dhobi Ghat (2011)    l   Hostel (2011)    l   Yamla Pagla Deewana (2011)   l    Turning 30 (2011)    l   Ticking Clock (2011)   l  

South Korea, Britain record cut in interest rates

Updated at: 1359 PST, Friday, January 09, 2009
South Korea, Britain record cut in interest rates LONDON: South Korea and Britain have further made a record cut in their interest rates, following a series of measures taken by almost all major countries for reining in the global recession.

South Korea Central Bank has further cut its interest rate by 50 basis points to bring it to the level of 2.5 percent in the wake of its deteriorating economic situation. South Korea, which is presently facing a serious downturn, its economic growth is expected to decline this year. On the other hand, Britain Central Bank was also seen taking this measure, where the Central bank interest rate was cut by 20 basis points to peg at 1.5 percent.

0 comments:

Post a Comment

Thanks For Comments

Get Daily Updates Via E-mail

Enter your email address:

Blog Widget by LinkWithin