Monetary Policy Statement, 2022-23 Resolution of the Monetary Policy Committee (MPC) September 28-30, 2022
With immediate effect, raise the policy repo rate to 5.90 percent under the liquidity adjustment facility (LAF) by 50 basis points.
The MPC also made the decision to keep its attention on the removal of accommodation in order to guarantee that inflation would continue to be within the target going forward while promoting growth.