All seven members of Czech central bank board to attend Nov 3 meeting.

By bne IntelliNews October 31, 2011
All seven members of the Czech central bank's governing board will attend the November 3 interest rate setting meeting, the bank said in a statement. At its last monetary meeting on September 22, the boards seven members voted to leave the key interest rates unchanged. The main two-week repurchase rate was kept at the record-low of 0.75%, half of the European Central Banks main rate. The Lombard rate stayed at 1.75% and the discount rate at 0.25%. Czech rates have been at a record low since May 2010. Earlier this month policy makers Pavel Rezabek and Kamil Janacek said the bank should leave rates stable and not cut them in the next few months.

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