Regulatory Alerts2025-08-18
Instruction No. 04/GR/2025 on the Modification of Rates Applicable to Monetary Policy Operations
The Central Bank of Mauritania issued Instruction No. 04/GR/2025 to revise the rates applicable to its monetary policy operations, effective immediately upon signature. The directive establishes the new Policy Rate at 6.00%, sets the Lending Facility rate at the Policy Rate plus 0.5%, and fixes the Deposit Facility rate at the Policy Rate minus 4%. Additionally, it defines the rate for fixed-rate liquidity absorption operations in main and fine-tuning operations at the Policy Rate minus 1.5%, while explicitly repealing all prior rate-setting instructions, including Instruction No. 20/GR/2024.
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