Accordingly, the prime interest rate is reduced from 14% a year to 13% a year while the interest rate for compulsory commercial bank reserves is doubled to 10% a year from the current rate of 5% a year.
132072
Prime rate reduced to 13% a year
162580
Swiss bank cuts interest rate to historic low
76045
Interest rates cut by Reserve bank of Australia
15403
Federal Reserve cuts rates by half percent
25994
Deposit rates not to exceed 18%.
70928
Philippines trims key interest rates
38278
Bank of Israel cuts interest rate for February
60324
Bank of England cuts interest rates to 4.5 per cent
142668
Interest rates held at 0.5%
40879
Wells Fargo cuts prime lending rate to 4.5 percent
126153
Interest rates tipped to be slashed
99610
Dollar Bank decreases prime rate
21103
Wells Fargo is reducing the interest rate on student loans.
10601
Northern Rock cuts rates on Everyday range
76214
Bank of England cuts rates to 0.5%
113465
Bank of India cuts lending rates
69843
Interest rates likely to go down