PragueConnect.cz - Business News in English

Business News from Czech Republic by PragueConnect.cz and several sources, collected all on one platform! Want to have your business news listed with us?  Contact us

Central bank ups interest rates

The Czech central bank on Wednesday unexpectedly increased the two-week repo rate by 25 basis points to 1% in order to contain inflation. At the same time, it increased the Lombard rate by 50 basis points to 2% and kept the discount rate unchanged at 0.05%. The new interest rate levels will come into…
 
 
 
 

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