Central Bank leaves interest rates steady

The Central Bank left its benchmark overnight deposit and lending rates unchanged on Thursday, contrary to the forecasts of some economists who had expected an increase.

The Bank's Monetary Policy Committee kept its key lending rate steady at 10.25 percent and the deposit rate at 9.25 percent after its regular meeting, it said on its website.

In a Reuters survey, seven of 12 economists had forecast that the meeting would hold overnight rates unchanged. The other five predicted increases ranging from 25 to 125 basis points.

The bank also left the discount rate unchanged at 9.5 percent.

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