Press release from the meeting of the Monetary Policy Council held on 3-4 October 2023

On 3-4 October 2023 the Monetary Policy Council held a decision-making meeting.

The Council decided to decrease the NBP interest rates by 0.25 percentage points. The Council set the NBP interest rates at the following levels:

  • reference rate at 5.75% on an annual basis;
  • lombard rate at 6.25% on an annual basis;
  • deposit rate at 5.25% on an annual basis;
  • rediscount rate at 5.80% on an annual basis;
  • discount rate on bills of exchange at 5.85% on an annual basis.

The resolution of the Monetary Policy Council will enter into force on 5 October 2023.