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Central bank

Central bank will likely continue rate-hike cycle says governor

Leszek Szymański/PAP

The National Bank of Poland's (NBP) rate-setting body is likely to continue its cycle of interest rate hikes until it makes sure inflation is going down permanently, the NBP governor has said.

March core inflation rate at 7.7 pct - central bank

Poland's core inflation, excluding the prices of food and energy, measured 7.7 percent year on year in April 2022, up from 6.9 percent in March, the National Bank of Poland (NBP) said on Monday.

Central bank head cleared for 2nd term

Adam Glapinski, the governor of the National Bank of Poland (NBP), has been approved by the Sejm, the lower house of parliament, for a second six-year term of office.

Poland to issue bonds linked to central bank's rates

The Polish Ministry of Finance will start issuing one-year bonds with coupons equal to the National Bank of Poland's (NBP) interest rate, Mateusz Morawiecki, the prime minister, has announced.

Polish central bank has over EUR 140 bln in foreign currency reserves

The National Bank of Poland (NBP) has over EUR 140 billion in foreign currency reserves, nearly twice as much as 10 years ago, the bank's president has written in a weekly magazine.

Poland's central bank raises reference interest rate by 75 bps

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 75 basis points (bps) to 5.25 percent on Thursday.

March core inflation rate at 6.9 pct - central bank

Poland's core inflation, excluding the prices of food and energy, measured 6.9 percent year on year in March 2022, up from 6.7 percent in February, the National Bank of Poland (NBP) said on Tuesday.

Poland's central bank records EUR 2.37 bln net profit in 2021

Poland's central bank, the NBP, generated a PLN 10.97 billion (EUR 2.37 billion) profit in 2021 and will transfer about PLN 10.43 billion (EUR 2.25 billion) from that amount to the state budget, NBP has said.

Ruling party to support central bank governor’s reappointment

Jaroslaw Kaczynski, leader of Poland's ruling party Law and Justice (PiS), has said the party will support the president's motion to keep Adam Glapinski as the central bank head for a second term of office.

Poland's C/A deficit up in Q4 - central bank

Poland's current account deficit rose to EUR 4.73 billion at the end of the fourth quarter of 2021, against a deficit of EUR 3.36 billion recorded at the end of the third quarter, according to central bank figures released on Thursday.

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Art & Culture | History | Life

16th century Wrocław coat of arms uncovered in school assembly hall after found hidden behind plaster

Dating from the turn of the 20th century when the school was founded, the city’s coat of arms was in use from 1530 to 1938 when the Nazis ordered that all the old coats of arms be replaced with a new two-field one.

The first report:

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Four tonnes of Nazi gold found in buried 18th century palace canister, say WWII treasure hunters

Measuring between 1.3 to 1.5 metres long and 50cm in depth, the cylindrical metal canister was found in the conservatory of an 18th century palace used by Hitler’s SS as a brothel.

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