Interest rates remain unchanged

The National Bank of Poland?s Monetary Policy Council (RPP) has decided to leave interest rates unchanged at its September sitting, the council said on Wednesday. Such a decision was widely expected by economists.

Analysts had expected the RPP to maintain the neutral stance that it originally assumed in July 2013, in spite of some signals suggesting that a cut of the main rate was possible.

The NBP?s reference rate remains at 2.50 percent, the lombard rate at 4.00%, the deposit rate 1.00 percent and the rediscount rate at 2.75 percent.

 

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