The 50-basis-point cut to 5.25% was in line with market expectations.
The 50-basis-point cut to 5.25% was in line with market expectations.
Central bank governor Adam Glapiński is seen as an ally of the former ruling Law and Justice (PiS) party.
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The August figure of 5.4% is the highest since June 2001.
Poland has recorded the highest or second highest level of inflation among all EU member states in every month since March 2020.
The move would buck an international trend away from high-denomination notes.
Poland’s banking sector has been hit hard by the pandemic.