Central bank cuts key rates

SLOVAKIA's central bank (NBS) has decided to cut key interest rates by 0.5 percent, their second decrease in a month’s time.

NBS governor Marián Jusko said that the excessive strengthening of the Slovak crown was behind the decision.

The Slovak crown has appreciated by more than 3 percent against the euro since the start of the year, which is more than through the whole of last year, the private news agency SITA wrote.

The crown recently hit a record, breaking the Sk40 per euro line. After the NBS decision to cut interest rates, the currency weakened by 0.30 haliers.

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Minister adjusts vaccine expectations, mass testing decision still in the balance

Police investigate reported surveillance of journalist. Wolf will be protected all year long.

Mass testing for the coronavirus in the Nitra Synagogue.

Roundup: Fairytale app that makes children read

An award-winning design by a Slovak architect and a trip to Zádielska dolina valley. Here’s your latest roundup.

A man wearing a face covering sits in an armchair on the snow-covered Main Street in Košice on January 13, 2021.

More tips for outings in Bratislava during the lockdown

Walks along the Danube bank offer a feeling of being far from the city rush.

This place, part of Ovsištské Lúky (Ovsište Meadows) in Petržalka, is still Bratislava.