Poland Central Bank Leaves Rates Unchanged

Poland's central bank held interest rates steady Wednesday, in a widely expected move.

The Bank's Monetary Council said it was keeping the bank's benchmark seven-day intervention rate at 4 percent, an all-time low.

Analysts predicted Poland's central bank would keep rates on hold not only for this month, but most likely until early 2007, due to the absence of any short-term threats to price stability, Dow Jones Newswires reported.

The bank gave no immediate reason for its decision.

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