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Monetrary Policy Decisions

Friday, 7 March 2003

At today’s meeting the Monetary Policy Committee reached the following monetary policy decisions:

1.  The key official interest rates of the Central Bank, that is the interest rates of the marginal lending facility (Lombard) and the deposit facility remain unchanged at 5,00% and 2,50% respectively.

2.  The reference value for the annual growth rate of bank credit remains at 11%.