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RMA lowers minimum lending rate, but borrowers see no relief

Feb 28, 2025 2 mins read
RMA lowers minimum lending rate, but borrowers see no relief

The central bank, the Royal Monetary Authority (RMA), revised the minimum lending rate (MLR) to 6.38 percent in December, which is a 0.42 percentage-point drop from its previous revision of 6.80 percent in June.

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