RPP maintains interest rates unchanged

The Monetary Policy Council (RPP) kept interest rates unchanged, which means that the main reference rate is still 1.5 percent, the central bank said. This decision is in line with analysts' expectations.
Thus, the lombard rate is still 2.5 percent, with the deposit rate at 0.5 percent, and the rediscount rate at 1.75 percent. Bank analysts expect interest rates to remain unchanged at least until the end of this year. The council changed its interest rates for the last time in March 2015, reducing them by 50 bps.