Poland to leave interest rates unchanged

Source: Bloomberg
© Scanpix/Reuters

Narodowy Bank Polski is likely to leave its key interest rate untouched as drop in zloty can boost the inflation, said economists surveyed by Bloomberg. Central bank of Poland is expected to stick to interest rate of 4.5% for a fifth consecutive month. This is the highest benchmark rate in Poland since 2009. Central bank increased borrowing costs in June by from 3.5% to 4.5% to curb inflation.

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