MPC Press Release, Dec 2015

 In its meeting held on December 24, 2015, the Monetary Policy Committee (MPC) decided to
raise the overnight deposit rate, overnight lending rate, and the rate of the CBE's main
operation by 50 bps to 9.25 percent, 10.25 percent, and 9.75 percent, respectively. The
discount rate was also raised to 9.75 percent.