What is Monetary Policy?
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What is Monetary Policy?
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180.3K viewsFeb 17, 2023
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30/12/2025 National Bank of Ethiopia’s Monetary Policy Committee had its meeting, and decided to keep the central bank rate and credit cap at 15% and 24% respectively and raised the monthly average reserve requirement from 7% to 10% to control broad money growth in response to unusually high YoY credit expiation in November of about 44.5% and signs of improved liquidity among banks, and in an unprecedented, and potentially expansionary decision, decided to abolish the minimum saving interest rat
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