Czech National Bank Policy Left Unchanged

December 16, 2015

A statement released after the final Czech monetary policy meeting of 2015 confirmed the policy settings remain as is.  The interest rate structure since November 2012 has been 0.05% for the two-week repo rate and discount rate, and the Lombard rate has been 0.25%.  Since November 2013, intervention has been utilized to enforce an asymmetric currency management policy that prevents the koruna from depreciating beyond 27 per euro.

Copyright 2015, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.

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