Czech National Bank raised 2W repo rate

Published: 04.02.2022 Related countries:  United Arab Emirates United Arab Emirates

Czech National Bank (CNB) raised 2W repo rate by 0.75 pp to 4.50%

At its session on February 3, 2022, the Czech National Bank (CNB) board raised the two-week repo rate (2W repo rate) by 0.75 pp to 4.50%. At the same time, the board decided to increase the discount rate in the same range to 3.50% and the Lombard rate to 5.50%. The new interest rates are effective from February 4, 2022.

Source: CIA NEWS