Poland: Central bank cuts interest rates

Poland's central bank cut interest rates on Thursday 24 April by 25 points. The Bank has come under sustained pressure from the Polish government which has complained of a too restrictive monetary policy.

Source: PAP news agency

The Monetary Polish Council (RPP) on Thursday [24 April] cut the rate of reference by 25 base points, the National Bank of Poland (NBP) said in a statement.

The NBP said that the rate of 14-day interventions will be at no less than 5.75 per cent as of Friday, the lombard