NEWS

MPC Decision Statement – Submissions by Members – May 2026

MPC Decision Statement – Submissions by Members – May 2026

At the 130th Monetary Policy Committee (MPC) meetings held from 18-20 May 2026, the Committee unanimously voted to keep the Monetary Policy Rate (MPR) at 14.0 per cent. In addition, the Committee amended the dynamic Cash Reserve Ratio (CRR) to a uniform ratio of 20 per cent to be maintained in the domestic currency, effective 4 June 2026. Below are the submissions by the MPC members that resulted in the policy decision.

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MPC Decision Statement – Submissions by Members – May 2026

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Transcript of the 129th Monetary Policy Committee Meetings Press Briefing Held on 18 March 2026