The Polish central bank raised its key interest rates by a quarter percentage point, a statement said
Published:
3 August 2004 y., Tuesday
The Polish central bank raised its key interest rates by a quarter percentage point, a statement said.
The bank increased its discount rate from 6.25% to 6.55, the Lombard rate from 7.25% to 7.5% and the minimum bank intervention rate to 6% over a year.
Wednesday's increase defied predictions by analysts, who had thought the bank's monetary policy council would wait for its August meeting to hike rates, after increasing basic interest rates by 50 basis points on June 30 in response to a 3.4% year-on-year increase in inflation.
That was the first increase since 2001.
Before that the last change in interest rates was a drop of 25 basis points on June 25, 2003.
Šaltinis:
bday.co.za
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has approved an application from Spain for assistance under the European Globalisation adjustment Fund (EGF).
more »
Green issues continue to dominate the headlines, as MEPs from the Transport Committee vote Wednesday on possible new charges for lorries, based not only on CO2 emissions but other factors such as noise and air pollution and congestion.
more »
High level representatives from business, higher education and politics are meeting in Brussels on 5-6 February for the 2009 European University-Business Forum.
more »
Bailoutbooth.com is doling out $50 and $100 bills to anyone over 18 who can explain why they need it.
more »
China's big three airlines are predicting a bumpy ride for 2009. With the global economic slowdown, failing passenger demand and cost pressures, all three carriers are feeling the credit crunch's bite.
more »
The Czech EU Presidency aims to give a new impetus to European car industry, a key sector that has been seriously hit by the global economic crisis.
more »
Opening a new front in the fight against climate change, cities across Europe vow deeper emission cuts.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed individual and corporate customers time deposit rates.
more »
A European Commission report shows that structured dialogue between workers' and employers' representatives can help the EU face the economic crisis.
more »
Dennis Kozlowski, the ex-Tyco CEO who spent 6 thousand dollars in company money on a shower curtain, has plenty of company today in the corporate shame game.
more »