Monetary Policy

Monetary Policy

Thursday, December 05 2019

Monetary Policy Committee (MPC) on 5 December 2019 decided to:

• Keep the policy repo rate unchanged at 5.15 per cent.
• To continue with the accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target.
• Consequently, the reverse repo rate remains unchanged at 4.90 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 5.40 per cent.

Monetary Policy Committee (MPC) on 5 December 2019 decided to:

• Keep the policy repo rate unchanged at 5.15 per cent.
• To continue with the accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target.
• Consequently, the reverse repo rate remains unchanged at 4.90 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 5.40 per cent.

Monetary Policy Committee (MPC) on 5 December 2019 decided to:

• Keep the policy repo rate unchanged at 5.15 per cent.
• To continue with the accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target.
• Consequently, the reverse repo rate remains unchanged at 4.90 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 5.40 per cent.

Click here to Read More