ČNB raises 2W repo rate by 0.75 pp to 1.50%

Published: 05.10.2021 Related countries:  Egypt Egypt

The Czech National Bank's (ČNB) Bank Board increased the two-week repo rate by 75 basis points to 1.50%.

At its meeting on September 30, 2021, the Czech National Bank's (ČNB) Bank Board increased the two-week repo rate by 75 basis points to 1.50%. At the same time, it decided to raise the Lombard rate to 2.50% and the discount rate to 0.50%. The new interest rates are effective from October 1, 2021.

Source: www.cianews.cz/en

Prepared by the team of CzechTrade Cairo