28. June 2006 at 14:41

Central bank keeps rates on hold despite persisting inflation risks

Font size: A - | A +

THE BOARD of the National Bank of Slovakia (NBS) voted unanimously yesterday to leave key interest rates unchanged.

The NBS already raised key rates by 0.5 percent last month, and, according to NBS governor Ivan Šramko, is ready to intervene if inflation worsens.

SkryťTurn off ads
SkryťTurn off ads
Article continues after video advertisement
SkryťTurn off ads
Article continues after video advertisement

Inflation has been rising since January and hit a high of 4.8 percent in May.

Compiled by Martina Jurinová from press reports

SkryťClose ad