Central Bank to Announce Interest Rate Decision on June 22
The Central Bank to announce Interest Rate Decision on June 22nd
The Central Bank Monetary Policy Committee is set to meet on June 22nd to announce the interest rate decision at 14:00. This comes after the bank chose to keep the interest rate steady at 8 and a half percent during its last meeting on May 25th.
The resolution stated that maintaining the interest rate would provide the necessary support for recovery following the earthquake, while also ensuring financial and price stability are maintained. As such, the bank decided to keep the interest rate constant.
Many are waiting to hear what the bank’s decision will be during the upcoming meeting. Investors and economists will be keeping a close eye on the decision as it can have an impact on the economy as a whole.
Further updates on the interest rate and the decision made during the meeting will be shared as they become available.
