Poland’s Monetary Council leaves all interest rates unchanged

Poland's reference interest rate will remain at 0.10 percent,the country's Monetary Policy Council (RPP) announced in a statement after its meeting on Wednesday.

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It also means that the National Bank of Poland's lombard rate will remain at 0.50 percent, the deposit rate at 0.00 percent, and the rediscount rate at 0.11 percent.

At its meetings, held between March 17 and May 28, 2020, the Monetary Policy Council cut the reference rate three times by a total of 140 bp to the present 0.10 percent.