National Bank of Poland ups interest rates

National Bank of Poland ups interest rates — — -Brussels (Brussels Morning) The National Bank of Poland (NBP) upped interest rates last week for the first time in nine years to curb inflation.

Poland joined Hungary, Romania and the Czech Republic in raising interest rates, Romania having made the move one day before Poland, DW reports.

Hungary and the Czech Republic started upping interest rates in June, with the Czech central bank raising its key interest rate by 75 basis points and announcing more rate hikes.