RTTNews - Wednesday, Poland's central bank held its interest rates on hold, in line with economists' expectations.
The National Bank of Poland retained its key interest rate, which is the reference rate, at 3.75%. The central bank also maintained the lombard rate at 5.25%, the deposit rate at 2.25% and the rediscount rate at 4% on an annual basis.
At the same time, monetary policy council decided to lower the required reserve rate to 3% from 3.5%. This decision applies to the required reserve maintained from June 30, the central bank said.
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