Poland's Monetary Council leaves interest rates unchanged again

Poland's reference rate will remain at 0.10 percent, said the country's Monetary Policy Council (RPP) in a statement after its meeting on Wednesday.

This means that the National Bank of Poland's Lombard rate will remain at 0.50 percent, the deposit rate at 0.00 percent, and the rediscount rate at 0.11 percent.

At its meetings between March 17 and May 28, 2020, the Monetary Policy Council cut the reference rate three times by a total of 140 bps to the present 0.10 percent.