CNB Board leaves rates unchanged

4. 2. 2010

The Czech National Bank Board has decided to leave interest rates unchanged.

(ČIA, Feb 4) The Czech National Bank Board has decided to leave interest rates unchanged. The two-week repo rate is thus 1 %, the discount rate is 0.25 %, and the Lombard rate is 2 %. The main reasons for not changing rates were according to experts the weak growth of the economy and small inflationary pressures. Interest rates should not increase until the third quarter.