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Poland's central bank

Change in Polish rates possible from mid-2022, says central bank governor

Change in Polish rates possible from mid-2022, says central bank governor

Published 07 May, 2021 08:15pm
  • "If there are reasons to change monetary policy, not a single month will be wasted and we will start it right away," Glapinski told a news conference. "In the light of today's knowledge we will probably start it in the middle of next year."
  • Inflation in Poland shot up to 4.3% in April, a flash estimate showed, coming in well above the central bank's target range of 2.5% plus or minus one percentage point.
Poland's central bank wants to buy 100 tonnes of gold, governor says

Poland's central bank wants to buy 100 tonnes of gold, governor says

Updated 15 Mar, 2021 09:26pm
  • "At the moment, we have 229 tonnes of gold, of which more or less half was bought during my term in office," Glapinski told conservative magazine Sieci.
  • "Over the course of a few years we want to buy at least another 100 tonnes of gold and keep it in Poland as well," he said.
Poland's Citi Handlowy CEO backs regulator proposal for FX loans

Poland's Citi Handlowy CEO backs regulator proposal for FX loans

Updated 11 Feb, 2021 09:24pm
  • It seems that the proposal of the KNF, as well as the support of the National Bank of Poland, is the best solution on the table and allows for the elimination of systemic risk at some point.
  • Poland's central bank said on Tuesday it may consider getting involved in the process of converting foreign currency mortgages into zloty-denominated ones by banks, under certain conditions.
Polish central bank leaves rates unchanged, as expected

Polish central bank leaves rates unchanged, as expected

Published 03 Feb, 2021 09:47pm
  • "The decision to keep interest rates unchanged is not surprising," said Mateusz Sutowicz, a financial market analyst at Bank Millennium.
  • According to recent comments from the governor of the National Bank of Poland, the March meeting.
Polish central bank leaves rates unchanged, as expected

Polish central bank leaves rates unchanged, as expected

Published 13 Jan, 2021 07:06pm
  • The full content of the interview with the National Bank of Poland (NBP) governor indicated that stable interest rates is still the most likely scenario.
  • Of 21 analysts polled by Reuters, 19 had expected rates to remain on hold.
Poland's central bank chief says further rate cuts possible in Q1

Poland's central bank chief says further rate cuts possible in Q1

Published 30 Dec, 2020 06:53pm
  • "The current level of interest rates is appropriate and best suits the current situation," Glapinski said.
  • Central banker Jerzy Zyzynski told on Wednesday a cut to zero was possible in the first quarter, citing a "sluggish" recovery.
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