Monetary Policy Rate remains unchanged at 1.75% for Q4 2026 |01 October 2026

Monetary Policy Rate remains unchanged at 1.75% for Q4 2026

By Sunny Esparon / CBS press release

The Board of the Central Bank of Seychelles (CBS) has decided to maintain the Monetary Policy Rate (MPR) at 1.75% for the fourth quarter of 2026, citing a gradual rise in inflationary pressures and continued uncertainty linked to geopolitical tensions in the Middle East.

The decision was announced yesterday by First Deputy Governor Brian Commettant following the board's meeting on September 24, 2026.

Accordingly, the interest rates on the Standing Deposit Facility (SDF) and Standing Credit Facility (SCF) will remain at 0.25% and 3.25% respectively, while the Minimum Reserve Requirement (MRR) on applicable rupee-denominated deposits will remain unchanged at 10%.

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