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,…