Central bank keeps rates on hold

THE BOARD of the National Bank of Slovakia (NBS) voted unanimously June 27 to leave key interest rates unchanged.

The NBS already raised key rates by 0.5 percent last month, and, according to NBS governor Ivan Šramko, is ready to intervene if inflation worsens.

Inflation has been rising since January and hit a high of 4.8 percent in May.

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