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 increases interest rates

At its meeting on Thursday, the Czech National Bank Board increased the two-week repo rate by 25 basis points to 1.25%. At the same time, it increased the Lombard rate by 25 basis points to 2.25% and the discount rate by 20 basis points to 0.25%. The new interest rate levels come into effect on 3 August…
 
 
 
 

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