The Central Bank’s Monetary Policy Committee, on Monday, began its 6th and the last meeting for the year.
The two day closed door session will see members review major developments in the global and domestic space, with a view to forming relevant monetary policies that would be in place till January 2017.
Since the last MPC meeting in September, the global risk landscape and policy outlook have changed, underlined by shock-waves in the global bonds market, risk-on appetite in the U.S and the under performance of emerging markets assets.
At the last meeting, the committee left all rates unchanged.
In light of the current economic situation, analysts see all rates held constant.
