Tuesday, June 26, 2007

Slovakia's Central Bank Keeps Benchmark Rate Unchanged for Second Month

(Bloomberg) -- The Slovak central bank kept its
benchmark interest rate unchanged for a second month as it
assesses how a weaker koruna and previous reductions will affect
inflation.

The Bratislava-based bank today left the two-week repurchase
rate at 4.25 percent, spokeswoman Jana Kovacova said in a
conference call with journalists. She didn't elaborate on the
decision, which was predicted by all 21 economists surveyed by
Bloomberg. The central bank will hold a press conference at 1 p.m.
in Bratislava, Slovakia.


Read more at Bloomberg Emerging Markets News

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