This year’s 2nd monetary policy on March 5

The Monetary Policy Review No.2 of 2020 will be announced on Thursday, at 7.30 a.m., the Central Bank said.

The Central Bank slashed policy rates by 50 basis points at the Monetary Policy Review No.01 on January 30, citing the need to support the country’s economic recovery. 

Accordingly, the standing deposit facility rate (SDFR) and standing lending facility rate (SLFR) are currently at 6.50 and 7.50, respectively. 

The statutory reserve ratio (SRR) remains unchanged at 5 percent.