EFTA Document EFTA01379413

22 December 2017 EM Currency Handbook 2018: Still Fuel in the Tank Regulatory Framework and Approach ▪ The National Bank of Poland regulates exchange rate policy and is also responsible for implementing monetary Policy (61192ATATW,A2P.,129. ▪ The key policy rate of the NBP is the 7-day reference rate. The MPC also sets the Lombard rate, the rediscount rate and the NBP deposit rate. The NBP uses a combination of open market operations, reserve requirements and credit deposit operations t