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7 meetings at the central in 2019 to discuss the fate of the interest ... what happened in it? (Video)
The Central Bank's Monetary Policy Committee held 7 meetings during 2019 to discuss the fate of interest rates in the Central Bank, resulting in a reduction in interest rates in 4 meetings, with a total of 4.5% during the year.
It was scheduled to be held today, Thursday, the eighth meeting of the committee during the year, but the Central Bank announced yesterday evening to postpone the meeting to January 16 next year, because of waiting for the approval of the new formation of the Board of Directors, and the Monetary Policy Committee.
The current interest rates at the Central Bank amount to 12.25% for deposits, and 13.25% for lending, after reducing them by a total of 6.5% in the last two years.
The Central Bank's Monetary Policy Committee held 7 meetings during 2019 to discuss the fate of interest rates in the Central Bank, resulting in a reduction in interest rates in 4 meetings, with a total of 4.5% during the year.
It was scheduled to be held today, Thursday, the eighth meeting of the committee during the year, but the Central Bank announced yesterday evening to postpone the meeting to January 16 next year, because of waiting for the approval of the new formation of the Board of Directors, and the Monetary Policy Committee.
The current interest rates at the Central Bank amount to 12.25% for deposits, and 13.25% for lending, after reducing them by a total of 6.5% in the last two years.