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Central Bank maintains repo rate at 4.5%, optimistic of economy picking up

The key repo rate is the maximum rate at which commercial banks invest their money at the central bank. The Central Bank has maintained the Key Repo Rate at 4.5 per cent to encourage continued lending by banks to the private sector and individuals. This followed the quarterly Monetary Policy Committee (MPC) meeting, held on […]

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3 thoughts on “Central Bank maintains repo rate at 4.5%, optimistic of economy picking up

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