BoB holds interest rates steady again
Thursday, February 16, 2012
The last adjustment to interest rates was in December 2010 when a cut of 0.5 percentage points was made.
"The current state of the economy and the inflation forecast suggest that maintaining the prevailing level of interest rates is consistent with the achievement of the bank's 3 - 6 percent inflation objective in the medium-term," BoB said in a statement.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...