Regulatory Alerts2019-05-03
Instruction No. 002-DOM/19 on the Policy Rates of the Central Bank of Madagascar
The Central Bank of Madagascar issued Instruction No. 002-DOM/19 to formally establish and maintain its key monetary policy rates effective 3 May 2019. The directive sets the one-day maturity policy rate at 0.90 percent while keeping the one-year maturity policy rate unchanged at 9.50 percent. This instruction simultaneously repeals all conflicting prior provisions, specifically Instruction No. 004-DOM/2017, to ensure regulatory consistency.
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