Investment Banks
The experts’ predicted keeping the rates on hold, amid partial stability of emerging markets and the decline of inflation in Dec.
By keeping the rates unchanged during this meeting, it will be the sixth time in 2018 to keep the rates unchanged.
CBE fixed interest rates in September for the fourth time this year, setting the overnight deposit rate and the overnight lending rate at 16.75 and 17.75 percent.
In August meeting, the Monetary Policy Committee (MPC) of CBE kept interest rates unchanged for the third time this year, setting the overnight deposit rate and the overnight lending rate at 16.75 percent and 17.75 percent, respectively.
Despite inflationary pressure that came in June, investment banks see that the MPC will keep rates at current levels.