OUTCOME OF THE 279TH MPC MEETING

 

The Committee at the end of its two days meeting decided by a unanimous vote to retain the Monetary Policy Rate (MPR). 

In summary, the MPC voted to:

I. Retain the MPR at 11.5 percent; 

II. Retain the asymmetric corridor of +100/-700 basis points around the MPR; 18 Classified as Confidential 

III. Retain the CRR at 27.5 percent; and 

IV. Retain the Liquidity Ratio at 30 percent.