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ECB's stimulus purchases dwindle to all-time low in August

Updated : September 03, 2018 10:55:42 IST

The ECB is winding down its bond-buying programme and plans to stop it in December after nearly four years, provided that inflation in the euro zone does not take a turn for the worse.
The central bank bought just 24.8 billion euros' ($29 billion) worth of debt in August, when many sellers in Europe are away on holiday.
It was the smallest amount since the programme started in March 2015.
ECB's stimulus purchases dwindle to all-time low in August
Published : September 04, 2018 05:32 AM IST

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