Policy round-up: Switzerland and Czech Republic cut rates

Hans Weber
March 25, 2024

Switzerland: The governing board of the Swiss National Bank (SNB) cut its key policy rate, by 25 basis points to 1.5%, it announced on March 21.This is the first cut since the SNB increased the sight deposit remuneration rate to 1.75% in June 2023. The new rate will take effect from March 22.The sight deposit remuneration rate prescribes the interest paid on deposits held by commercial banks, but only up to a certain threshold. Above the threshold, the SNB applies a discount rate of 50% and only

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Slovakia’s Interior Ministry Rectifies Mistake in Listing of Andrej Babiš as StB Agent

Hans Weber
November 1, 2024

Celebrating Republic Day of Kazakhstan and Examining the Relationship Between Kazakhstan and Czechia

Hans Weber
November 1, 2024

Address of Ambassador H.E. Egemen BAĞIŞ at the celebration of 101st Anniversary of the Proclamation of the Republic of Türkiye at the National Museum of the Czech Republic

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