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CNB > Media service > Press releases of the CNB > 1998 > Cutting the 2W repo rate - 12. 11. 1998

Cutting the 2W repo rate

12. 11. 1998

At its meeting today, the CNB Bank Board assessed the latest inflation outlook for next year and decided to lower the two-week repo rate from 12.5% to 11.5% with effect from 13 November 1998.

CNB - M. Švehla