Monetary Policy Announcement

Inflation Falls: Central Bank Lowers Repo Rate by 50 Basis Points to 7.5 Per Cent

Central Bank Lowers Repo Rate By 50 Basis Points to 7.5 Per Cent. The Central Statistical Office indicate that headline inflation, measured by the 12-month increase in the Index of Retail Prices, slowed to 10.3 per cent in May 2009 from 11.9 per cent in the previous month..

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