CNB increases interest rates

At its meeting today, the CNB Bank Board increased the two-week repo rate (2W repo rate) by 1.25 percentage points to 7.00%. At the same time, it increased the discount rate by the same amount to 6.00% and the Lombard rate to 8.00%. The new interest rate levels come into effect on 23 June 2022.

A press conference for accredited journalists attended by Governor Jiří Rusnok will be held at 3.45 p.m. in room MP614 (the CNB’s historical building, entrance from Senovážné náměstí, Prague 1).

Accredited journalists must confirm their attendance at the press conference by e-mail (media@cnb.cz) or telephone (+420 224 412 013) by 3 p.m. today.

Markéta Fišerová
Director of the Communications Division and CNB Spokesperson