Re-fixation of Interest Rate Corridor (IRC)
Aug 25, 2024
MPD Circular No. 03
The Monetary Policy Committee decided to raise the overnight repo policy interest rate by 50 basis points to 9.00%. Additionally, the upper limit of the SLF and the lower limit of the SDF were each increased by 50 basis points, reaching 10.50% and 7.50%, respectively, to improve liquidity management.