ČNB raises 2W repo rate to 1%

Published: 28.06.2018 Related countries:  Israel Israel

Another increase of interest rate from Czech National Bank - economy is doing well.

The Bank Board of the Czech National Bank (ČNB) raised the two-week repo rate by 25 basis points to 1% at its meeting on June 27, 2018. The bank board also raised the Lombard rate by 50 basis points to 2% and kept the discount rate at 0.5%. The newly determined interest rates are valid as of June 28, 2018.
Source: https://www.cianews.cz/gift