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Financial News: Poland Central Bank Keeps Key Rate Unchanged At

Poland Central Bank Keeps Key Rate Unchanged At Record Low

01/08/2020 - 08:37:00 (RTTNews)

(RTTNews) - Poland's central bank held its key interest rate steady at a record low on Wednesday.

The Monetary Policy Council decided to leave the key reference rate at a record low 1.50 percent, the National Bank of Poland said in a statement. The decision was in line with economists' expectations.

The previous change in the reference rate was a half-basis point reduction in March 2015.

The lombard rate was retained at 2.50 percent and the deposit rate at 0.50 percent. The rediscount rate was left unchanged at 1.75 percent.

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