Spectator on facebook

Spectator on facebook

Central bank keeps interest rates unchanged

The National Bank of Slovakia (NBS) bank board kept all key interest rates unchanged at its regular monthly monetary meeting on June 26. Their decision leaves the key two-week repo rate at 4.25 percent, while the overnight rates remain at 5.75 percent for refinancing operations and 2.25 percent for draining excess market liquidity, the NBS told the SITA news wire.

The bank board left the rates unchanged in May. In March and April of this year, the central bank lowered interest rates twice after having left them untouched since February 2005. In March, the key two-week repo rate and overnight rates for refinancing operations were reduced by 0.25 percentage points, while the rate for draining excess market liquidity was reduced by 0.75 percentage points. In April, all three rates were cut by 0.25 percentage points.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Enough of Smer, people chanted in streets Video

Government resignation is not enough, the crowd called for early elections. This is how it looked like in Bratislava on March 16.

Fico fell. These are good, not perfect, developments

Unlike Kaczyński’s case there are two other parties in the coalition with Smer who can still bring the government down at any time.

Media are the ultimate frontiers in defending freedom in society today

Miklós Haraszti’s keynote speech at the Budapest award ceremony of the European Press Prize, March 14, 2018.

Fico is going. So why does the crisis continue?

These 10 answers will help you understand why the coalition’s decision to rebuild the government from scratch does not satisfy the critics and protesting masses.

Most-Híd chair Béla Bugár comes to the Government Office, March 13.