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Announcement of the monetary policy of the State Bank, increase of interest rates by 1 percent – ​​Sama Daily Newspaper MEERI News

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The State Bank announced the monetary policy and increased the interest rate by 1 percent. According to the announcement of the central bank, the interest rate after the increase reached 16 percent. In the previous monetary policy, the interest rate remained at 15 percent. The State Bank says that the inflationary pressure is continuous and higher than expected, the purpose of the one percent increase in interest rates is to prevent the increase in inflation. According to the State Bank’s statement, the purpose of the decision is the stability of the financial sector. On the other hand, through country. An increase of 0.48% was recorded in the weekly inflation rate. According to the report published by the Institute of Statistics, the total inflation rate reached 30.16% on an annual basis. . In one week, nineteen items increased in price and nine items decreased In one week, eggs increased in price by 21 rupees 50 paise, live broiler chicken increased in price by 11 rupees 60 paise. in a week the price of onion increases by 4 rupees 48 paise, sugar increases by 1 rupee 20 paise per kg, potato, fresh milk, rice, garlic, beef also increase in price.

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