The Central Bank will hold its key rates at current levels

Share Button

The Monetary Board of the Central Bank will hold its key rates at current levels, as Maintaining Price Stability came in as the top item in the agenda, last week.

At its second meeting last week, the Executive Board decided to leave the Standing Deposit Facility Rate which is the rate at which excess liquidity is mopped up, at 8 percent, and the Standing Lending Facility Rate which is the rate at which liquidity is injected into the banking system, at 9 percent.

Share Button

Leave a Reply

Your email address will not be published. Required fields are marked *