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Interest rate remains steady

Interest rate remains steady

The Central Bank kept the policy rate steady at 14% at the Monetary Policy Committee (PPK) meeting in line with the market expectations. In a statement the bank emphasized that the PPK will continue to implement the strengthened macroprudential policy set decisively and take additional measures when needed. Here is the bank’s statement:  >> “The...

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Interest rate remains steady

Interest rate remains steady

The Central Bank kept the policy rate steady at 14% at the Monetary Policy Committee (PPK) meeting in line with the market expectations. The expression that the Committee decided to strengthen the macroprudential policy set was added to the PPK’s statement. In a statement, the bank pointed out that rising energy costs resulting from geopolitical...

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Central Bank kept interest rate constant at 14% 

Central Bank kept interest rate constant at 14% 

The Monetary Policy Committee (MPC) has decided to keep the policy rate (one-week repo auction rate) constant at 14%. “The Committee expects disinflation process to start on the back of measures taken and decisively pursued for sustainable price and financial stability along with the decline in inflation owing to the base effect and the resolution...

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Interest rate remains steady

Interest rate remains steady

The Central Bank kept the policy rate steady at 14% at the second Monetary Policy Committee (PPK) meeting of the year in line with the market expectations. The Central didn’t change the policy rate in January after it lowered the interest rate by 500 basis points at the four successive PPK meetings since September 2021. ...