Sunday , October 17 2021

BCR raised the benchmark interest rate by 2.75%



Directory Central Reserve Bank (BCR). Base rate 2.75%.

Monetary authorities said the measure was adopted in October, taking into account the fact that inflation and inflation trend indicators for the previous year were within the target range.

"December inflation expectations remained at 2.4% in October," he said.

That Central Reserve Bank He pointed out that some indicators of economic activity temporarily dwindled in the third quarter and economic activity was below potential.

He has also identified greater risks for global economic activity and financial instability in relation to recent commercial tensions and uncertainties in the international financial markets.

BCR inflation Aging is maintained within the target range and within about 2%.

The IASB believed that it would be appropriate to maintain a broad stance of monetary policy as long as inflation expectations were fixed in an environment where economic activity levels were lower than its potential.


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