30. July 2008 at 16:00

NBS keeps key interest rates on hold in July

The National Bank of Slovakia (NBS) again left key interest rates in Slovakia unchanged in July. Following a meeting of the NBS board on Tuesday, July 29, the two-week sterilization repo rate remains at 4.25 percent per annum. Slovakia's central bank thus met analysts’ expectations that it would mimic interest rates in the eurozone. The key interest rate of the European Central Bank is currently also 4.25 percent. The NBS also left its one-day sterilization repo rate unchanged at 2.25 percent p.a., and the one-day refinancing rate at 5.75 percent p.a., the central bank told the SITA newswire. SITA

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The National Bank of Slovakia (NBS) again left key interest rates in Slovakia unchanged in July. Following a meeting of the NBS board on Tuesday, July 29, the two-week sterilization repo rate remains at 4.25 percent per annum. Slovakia's central bank thus met analysts’ expectations that it would mimic interest rates in the eurozone. The key interest rate of the European Central Bank is currently also 4.25 percent. The NBS also left its one-day sterilization repo rate unchanged at 2.25 percent p.a., and the one-day refinancing rate at 5.75 percent p.a., the central bank told the SITA newswire. SITA

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Compiled by Zuzana Vilikovská from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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