Monetary Policy Rate



January YTD
Central Eastern Europe
Czech Republic 2-week repo 0.75% 0.00%
Hungary Base rate 7.00% 0.00%
Poland Reference rate 4.50% 0.00%
Slovakia ECB refinancing rate 1.00% 0.00%
South Eastern Europe
Albania 1-week repo 4.00% -0.75%
Macedonia 28-day cb rate 4.00% 0.00%
Romania Reference rate 5.75% -0.25%
Serbia 2-week repo 9.50% -0.25%
Slovenia* ECB refinancing rate 1.00% 0.00%
Former Soviet Union
Belarus Refinancing rate 45.00% 0.00%
Moldova Base rate 8.50% -1.00%
Russia Refinancing rate 8.00% 0.00%
Ukraine Discount rate 7.75% 0.00%
Former Soviet Union - Baltic States
Latvia Refinancing rate 3.50% 0.00%
Former Soviet Union - Caucasus
Armenia Refinancing rate 8.00% 0.00%
Azerbaijan Refinancing rate 5.25% 0.00%
Georgia 1-week CD rate 6.50% -0.25%
Former Soviet Union - Central Asia
Kazakhstan Refinancing rate 7.50% 0.00%
Kyrgyz Republic Discount rate 11.61% -2.00%
Tajikistan Refinancing rate 9.80% 0.00%