Poland keeps interest rates unchanged
PR dla Zagranicy
Paweł Kononczuk
06.07.2016 17:09
The Polish central bank’s Monetary Policy Council (RPP) said on Wednesday it has decided to leave the country’s benchmark interest rates unchanged at a record-low 1.50 percent.
Photo: pexels.com
The decision came during the Monetary Policy Council’s first meeting under new National Bank of Poland chief Adam Glapiński.
Following its March 2015 decision to cut rates by 50 basis points, the Monetary Policy Council said the move was “closing a cycle of monetary policy easing.” (pk)