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Key interest rates on hold again

THE KEY interest rate in Slovakia remains unchanged for the seventh consecutive month.

THE KEY interest rate in Slovakia remains unchanged for the seventh consecutive month.

At its meeting on November 27, the Bank Board of the National Bank of Slovakia (NBS) kept the two-week sterilisation repo-rate at 4.25 percent p.a. The one-day sterilization repo rate is 2.25 percent p.a. and the one-day refinancing rate is 5.75 percent p.a., the central bank informed the SITA newswire.

Slovakia’s monetary policy remains tight, which leaves room for keeping interest rates at their current levels, the central bank said in explaining its decision.

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