Czech National Bank increases interest rates

Published: 28.06.2018 Related countries:  U.S.A. U.S.A.

Czech National Bank: The Czech National Bank Bank Board increased the two-week repo rate (2W repo rate) by 25 basis points to 1%.

Czech National Bank increased the Lombard rate by 50 basis points to 2% and kept the discount rate unchanged at 0.05% at the same time. The new interest rate levels come into effect on 28 June 2018.

 

 

Published by the team of CzechTrade foreign office in Chicago.

 

Source:

 

http://www.cnb.cz/en/public/media_service/press_releases_cnb/2018/20180627_monetary_policy_decision.html