CNB increases interest rates

At its meeting today, the Bank Board of the Czech National Bank increased the two-week repo rate (2W repo rate) by 25 basis points to 2.25%. At the same time, it increased the Lombard rate to 3.25% and the discount rate to 1.25%. The new interest rate levels come into effect on 7 February 2020.

A press conference attended by Governor Jiří Rusnok will be held at 3.15 p.m. in room MP614 (former CNB special library) of the CNB Congress Centre, entrance from Senovážné náměstí.

Markéta Fišerová
Director of the Communications Division and CNB Spokesperson