Liberia: CBL Lowers Monetary Policy Rate to 17.5%

The move by the Central Bank of Liberia is intended to maintain domestic prices and financial stability.

MONROVIA – September 3, 2024: The Central Bank of Liberia’s (CBL) Monetary Policy Committee (MPC), consistent with its mandate to achieve and maintain domestic price and financial stability, has decided to lower the Monetary Policy Rate (MPR) from 20% to 17.5% and maintain the current reserve requirement ratios of 25% and 10% for Liberian and US dollars,…