The marathon of CNB interest rate increase continues

Advisory

By: Ludmila Malimánková

The Board of the Czech National Bank has decided on the following interest rates effective from 23 June 2022:

  • the two-week repo rate has been raised from 5.75 % to 7.00 %. 
  • the Lombard rate has been raised from 6.75 % to 8.00 %,   
  • and the discount rate from 4.75 % to 6.00 %

Author: Ludmila Malimánková