Narodowy Bank Polski

Monetary Policy

Monetary Policy Guidelines

This publication presents the monetary policy guidelines approved annually by the Monetary Policy Council and subsequently submitted to the Sejm for its information, this being done concurrently with the submission by the Council of Ministers of the draft Budget.

The document contains a characterisation of the external and internal factors conditioning monetary policy, policy targets, and the instruments for achieving them.

Published in Polish and English by Narodowy Bank Polski.
Tel: +48 22 185 28 88, +48 22 185 23 35

NBP interest rates

Reference rate 1.50
Lombard rate 2.50
Deposit rate 0.50
Rediscount rate 1.75

Exchange rates

Table of 2016-02-10
1 EUR4.4366
1 USD3.9383
1 CHF4.0445
1 GBP5.7095
100 JPY3.4271

Economic outlook

Monthly data

Quarterly data

Financial markets


This site uses cookies to ensure its more efficient operation.
To find out more about the cookie technology, please click here: NBP Privacy Policy »
In order to browse through the content, it is necessary to accept cookies from this site Accept