National Bank of Poland

Interest rates up

The Monetary Policy Council unexpectedly decided to increase the NBP reference rate by 0.4 percentage points, from 0.1 to 0.5 percent.  At  the  same  time,  the Council  set  the  remaining  NBP  interest  rates  at  the following levels: ▪ lombard rate at 1.00%;  ▪deposit rate at 0.00%; ▪rediscount rate at 0.51%; ▪discount rate at 0.52%. Moreover,…