Monetary Policy Stance Remains Unchanged

Monetary Policy Stance Remains Unchanged

Fiji Sun – Thursday 29th June 2017.

The Reserve Bank of Fiji (RBF)  Board agreed to maintain the Overnight Policy Rate at 0.5 percent.

The decision was made yesterday during the Board’s monthly meeting.

RBF Board acting governor and chairman Ariff Ali said: “The dual monetary policy objectives remain intact with no risk in the immediate term.”

On price stability, the annual inflation rate fell to 2.5 percent in May 2017, the lowest rate since March 2016. Read more…