IN SHORT BUSINESS

Central bank keeps key rates unchanged

SLOVAKIA's central bank (NBS) decided to keep key interest rates unchanged for a fourth consecutive month, the TASR news agency wrote.

As a result, the two-week repo-tender still has a limit rate of 4.5 percent, the overnight refinancing rate stands at 6 percent and overnight sterilisation rate at 3 percent.

Three times this year, in March, April and June, the NBS cut the rates by 50 basis points in response to firming of the Slovak crown.

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