Regulatory Alerts2015-10-05
Added · Updated
Instruction No. 002-DCR/2015 on the Central Bank's Key Rate
The Central Bank of Madagascar reduces its key rate from 9.50 percent to 8.70 percent, effective October 15, 2015. This decision is issued by the Governor of the Central Bank of Madagascar under Instruction No. 002-DCR/2015.
INSTRUCTION NO. 002-DCR/2015 on the Central Bank's Key Rate
The Governor of the Central Bank of Madagascar,
Having regard to amended Law No. 94-004 of June 10, 1994 establishing the statutes of the Central Bank of Madagascar,
Having regard to Decree No. 2014-1684 of October 29, 2014 appointing the Governor of the Central Bank of Madagascar,
DECIDES:
Single Article:
The key rate of the Central Bank is reduced from 9.50 percent to 8.70 percent, effective as of October 15, 2015.
Antananarivo, October 5, 2015
Alain H. RASOLOFONDRAIBE Governor.
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