Monetary Policy
MPC Press Release - Sept. 2014
Wednesday, 17 September 2014 00:00

The latest forecast showed that inflation is likely to stay slightly above the upper band of the revised target of 13±2 percent by end 2014. However, inflation is expected to move within the band in the second half of 2015 barring any adverse shocks. Given these considerations, the Committee decided to keep the monetary policy rate unchanged at 19 percent.

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