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Report on full membership of the Republic of Poland in the third stage of the EMU

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 the National Bank of Poland.
Tel: (48 22) 653 28 88, 653 23 35


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NBP interest rates
Reference rate 3.50
Lombard rate 5.00
Deposit rate 2.00
Rediscount rate 3.75
  more | archive

Ex. rates (2009-11-20)
EUR 4.1485
USD 2.7875
CHF 2.7423
GBP 4.6187
JPY (100) 3.1383
  Table A | archive

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