The Standing Lending Facility (SLF) rate and the Standing Deposit Facility (SDF) rate have been kept at 11.5 percent and 7.5 percent respectively

The new policy will seek to curb inflation while supporting private sector lending

The Standing Lending Facility (SLF) rate and the Standing Deposit Facility (SDF) rate have been kept at 11.5 percent and 7.5 percent respectively

The stance remains contractionary, with the central bank adding targeted credit stimulus rather than broad-based rate easing