The monetary policy committee, which included three RBI officials and an equal number of new external members, voted five-to-one to keep the benchmark repurchase or repo rate - which governs the ...

Monetary policy seeks to spark economic activity, while fiscal policy seeks to address either total spending, the total composition of spending, or both. Fiscal policy refers to the steps that ...

Exchange Rate and External Sector The Liberian dollar appreciated against the U.S. dollar during the fourth quarter, supported by increased foreign exchange inflows and a tight monetary policy.

After cutting the base rate in August and November, the Monetary Policy Committee (MPC) voted to hold rates at 4.75% at the final meeting of the year in December. The Bank of England has suggested ...