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The central bank's monetary policy committee said the decision complements other monetary and financial measures implemented so far this year to cushion the economic impact on businesses and households and support the improvement in economic activity. KeyBank, with branches in 16 states, offers foreign exchange services that support more than 90 currencies. It was the central bank's third cut in as many policy meetings, and had been widely expected by economists polled by Reuters, with the economy expected this year to suffer its worst economic performance in more than a decade.

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