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Central bank keeps key interest rates on hold in April

THE NATIONAL Bank of Slovakia (NBS) left interest rates unchanged in April, confirming analysts' expectations that it will not harmonise rates with the European Central Bank before Slovakia's entry into the Eurozone is confirmed, the SITA newswire wrote.

THE NATIONAL Bank of Slovakia (NBS) left interest rates unchanged in April, confirming analysts' expectations that it will not harmonise rates with the European Central Bank before Slovakia's entry into the Eurozone is confirmed, the SITA newswire wrote.

Following the NBS Bank Board's meeting on April 29, the two-week sterilisation repo rate remains at 4.25 percent p.a., which is 25 basis points above the current rate in the Eurozone. The one-day sterilisation repo rate is 2.25 percent p.a. and the one-day refinancing rate is 5.75 percent p.a.
The central bank has kept interest rates stabile since last April.

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