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824hr
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Business & Finance

Polish centaral bank says recovery in 2021 will depend on how pandemic develops

  • It decided to keep its main interest rate on hold at 0.1%.
  • The bank also reiterated it may intervene in the foreign exchange market.
03 Feb, 2021

WARSAW: oland's central bank said on Wednesday that the scale of the economic recovery in 2021 will depend on the development of the COVID-19 pandemic and the related restrictions, after it decided to keep its main interest rate on hold at 0.1%.

The bank also reiterated it may intervene in the foreign exchange market.

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