March 29, 2023 12:34 GMT
Czech Central Bank Keeps Interest Rates, FX Regime Unchanged
The Czech National Bank kept interest rates unchanged and maintained its commitment to prevent excessive fluctuations of the exchange rate.
- "The two-week repo rate (2W repo rate) thus remains at 7%, the discount rate at 6% and the Lombard rate at 8%."
- The stand-pat decision was predicted by all economists polled by Bloomberg and fully priced by financial markets.
- Governor Ales Michl will hold a press conference in the CNB headquarters at 14:45BST/15:45CEST.