Czech central bank holds rate steady
The Czech National Bank left its key interest rate unchanged in September for a third consecutive policy session, as expected, Czech Radio reported.
The bankʼs board, led by Governor Jiřà Rusnok, decided to keep interest on the two-week repo rate at 2%, the bank said in a statement issued on Wednesday.
The previous change in the key rate was a quarter-point hike in May. The discount rate was maintained at 1% and the Lombard rate at 3%.
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