Monetary Policy Statements
2026 Mid-Term Monetary Policy Statement
Consistent with its core mandate, the Reserve Bank's strong commitment to prudent monetary policy has delivered the desired price stability in the economy, as evidenced by the attainment of single digit inflation in January 2026, which has persisted for seven consecutive months through July 2026. This stability has enabled the country to mitigate the impact of the oil price shock arising from the conflict in the Middle East...
