Monetary Policy Statement

Monetary Policy Statement 18-02-2021 STAYING ON COURSE IN FOSTERING PRICE AND FINANCIAL SYSTEM STABILITY

SECTION ONE
INTRODUCTION AND BACKGROUND
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1.1 This Statement provides an evaluation of the progress in the implementation of monetary policies enunciated in the previous Monetary Policy Statement of August 2020 and outlines the monetary policy measures to be pursued by the Bank in the next six months to buttress and sustain the obtaining price and exchange rate stability since the introduction o

MONETARY POLICY STATEMENT FOCUSING ON PRICE AND EXCHANGE RATE STABILITY 17 FEBRUARY 2020

The measures and policies discussed in the statement are aimed at accomplishing the Bank’s 2020 key strategic focus areas of ensuring exchange rate and price stability, the smooth functioning of the interbank foreign exchange market and providing support to economic activity without endangering the important objective of reducing and stabilising inflation in the short to medium term.

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