NBP interest rates unchanged

The Monetary Policy Council (RPP) left the Polish national bank’s (NBP) interest rates unchanged at Wednesday’s meeting.

Last time, the RPP changed the interest rates in March 2015, reducing them by 50 base points.

The RPPs Wednesday’s decision means that on an annual basis the NBP reference rate will still be 1.5 percent, the Lombard rate 2.5 percent, the deposit rate 0.50 percent and the rediscount bill 1.75 percent.

(PAP)