The European Central Bank left its key interest rate unchanged for the second month in a row on Thursday, as expected. The Governing Council led by ECB President Mario Draghi decided to maintain the main refi rate at a record low 1 percent following its meeting in Frankfurt. The rate on the marginal lending facility was held at 1.75 percent, while the deposit facility rate was kept at 0.25 percent. The central bank had reduced the rate in November and December, reversing the two hikes undertaken earlier last year.