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Czech National Bank Retains Monetary Strategy

Published: February 6, 2014; 15:58 · (Vindobona)

The Czech National Bank keeps the reference rate at the record low and confirms its commitment to continue interventions.

Czech National Bank Retains Monetary Strategy / Picture: © Czech National Bank

The CNB Bank Board decided at its meeting today to keep interest rates unchanged. The two-week repo rate was maintained at 0.05%, the discount rate at 0.05% and the Lombard rate at 0.25%.

The CNB Bank Board also decided to continue using the exchange rate as an additional instrument for easing the monetary conditions and confirmed the CNB’s commitment if needed to intervene on…

This article includes a total of 237 words.

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