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.

Related Articles

Czech CSSD proposes 2014 general and European elections to be held together.

Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more

Tesco Czech faces fine for selling products containing undeclared horsemeat

The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more

Czech Senate votes to limit immunity of lawmakers, judges.

The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss