2026-01-22
Added
The Monetary Policy Committee reduces the one-week repo auction rate from 38% to 37%, the Central Bank overnight lending rate from 41% to 40%, and the overnight borrowing rate from 36.5% to 35.5%. The Committee maintains a tight monetary policy stance until price stability is achieved, with future rate adjustments determined by realized and expected inflation relative to interim targets. Additional macroprudential measures may be applied to support the monetary transmission mechanism in case of unanticipated developments in credit and deposit markets.