March 15, 2017 / 9:05 AM / in 4 months

Iceland's central bank keeps key interest rate unchanged

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COPENHAGEN, March 15 (Reuters) - Iceland's central bank kept its key deposit interest rate unchanged at 5.0 percent on Wednesday, a day after lifting capital controls that had been in place since the country's financial meltdown almost a decade ago.

Recent data showed the Icelandic economy grew by more than 11 percent year-on-year in the final quarter of 2016. (Reporting by Stine Jacobsen, editing by Terje Solsvik)

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