PL: table containing rediscount bills rates of the Central Bank of Poland
Rediscount bills rates of National Bank of Poland are adjusted each month by Monetary Policy Council (polish: RPP). Both actual and historical data are presented.

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Some facts

  • The National Bank of Poland (NBP) can regulate the economy by adjusting values of interest rates. This way the monetary policy of central bank is fulfilled. The central bank can use interest rates to regulate amount of money in the market.
  • Central bank can decrease interest rates in order to stimulate the economy by an incentive to invest (loans become cheaper). On the other hand it can also increase the rates in order to stop inflation by incentive to save (deposits become more attractive).
  • Interest rates affect indirectly the exchange rate of polish zloty (PLN), interest rates of bank deposits and interest rates of loans.
  • Interest rates are adjusted every month at the Monetary Policy Council (polish: RPP) meeting.
  • The rediscount rate determines the price at which the central bank buys promissory notes from commercial banks.
  • The central bank may, if necessary, modify the rate of rediscount of bills to regulate the money supply.
  • Increasing the rediscount rate results in a decrease in the creation of money in the economy and vice versa.
  • If you're interested in other bank rates (reference, lombard, deposit etc.) checkout our other table containing all basic interest rates of National Bank of Poland just in one place.

Data up-to-date

We periodically review interest rates so that our data is always up-to-date.
Last data update was on 2017.10.17.
If you want to be 100% sure after this date - check if the rates have not changed for example on the National Bank of Poland site.

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