In line with analyst consensus, the monetary policy committee maintained status quo on key monetary parameters at its just concluded meeting.

The MPC considered several factors ranging from global oil price risk, slowing albeit high inflation and financial system stability. The apex bank also signaled its wish to see greater convergence between official and parallel market exchange rates.

The attached document contains an in-depth look at the decisions from the just concluded March 2017 MPC meeting.

Do enjoy your read…