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No Rate Cut by the Monetary Policy Council: the Zloty Is Strengthening on the Currency Market
Summary by Rzeczpospolita
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3 Articles
The decision to leave interest rates at the current level had an impact on the exchange rate of the national currency.
·Poland
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The Monetary Policy Council decided during its February meeting to keep interest rates unchanged, leaving the National Bank of Poland (NBP) reference rate at 4%. This marks a continuation of the pause in the rate cuts cycle that began in January.
"At its meeting, the Monetary Policy Council did not change interest rates," the National Bank of Poland announced in a statement. The NBP's key interest rate remains at 4%.
·Warszawa, Poland
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