National bank Switzerland raised discount rate to 0,5%

On Thursday National bank Switzerland raised (.pdf) base discount rate of refinancings on 0,75 pct — with −0,25% to 0,5%. The rate was negative since 2015. Thereby National bank Switzerland became the last among the European Central bank Russian Federation (Bank Russia), refused negative discount rate. At the beginning of September National bank Denmark raised a rate on 0,75 pct to 0,65%. Now the only large country where such rate remains — Japan, on Thursday Central bank Japan confirmed that will keep a rate at level −0,1%. As noted in National bank Switzerland, the decision on increase of a rate is made in conditions...