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Poland CB Holds Record Low Rate Unchanged Again

Poland's central bank left its key interest rate unchanged at a record low on Wednesday.

The Monetary Policy Council decided to hold the key reference rate at a record low 1.50 percent, the National Bank of Poland said in a statement. The decision was in line with economists' expectations.

The previous change in the reference rate was a half-basis point cut in March 2015.

The lombard rate was kept at 2.50 percent and the deposit rate at 0.50 percent. The rediscount rate was held steady at 1.75 percent.

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