Regulatory Alerts2026-03-12
Added
Monetary Policy Committee Decision No: 2026-12 on Interest Rates
The Monetary Policy Committee maintains the policy rate at 37 percent, while keeping the overnight lending rate at 40 percent and the overnight borrowing rate at 35.5 percent. The Committee will determine future policy rates based on realized and expected inflation to ensure the tightness required by the projected disinflation path toward a 5 percent medium-term target. A tighter monetary policy stance will be maintained until price stability is achieved, with potential tightening in case of significant and persistent deterioration in the inflation outlook. Additional macroprudential measures may be used to support the monetary transmission mechanism in case of unanticipated developments in credit and deposit markets.
Topics
monetary
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