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Monetary Policy Decisions

Thursday, 8 May 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 4,50% and 2,50% respectively.
  2. The reference value for the annual growth rate of bank credit remains at 11%.