Narodowy Bank Polski

On 24-25 February 2005 the Monetary Policy Council held a meeting.

The Monetary Policy Council resolved to leave the NBP interest rates unchanged at the level of:

• reference rate 6.5% on an annual basis;
• lombard rate 8.0% on an annual basis;
• deposit rate 5.0% on an annual basis;
• rediscount rate 7.0% on an annual basis.

The Council decided to change its bias in monetary policy from tightening to easing.

  Press release from the meeting of the Monetary Policy Council held on 24-25 February 2005 - PDF file; (137 KB)