MONROVIA, LIBERIA-The Central Bank of Liberia (CBL) has disclosed that it will maintain the Monetary Policy Rate (MPR) at 17.25 percent, keeping inflation under control and protecting the value of the Liberian Dollar.

This means that the Bank is continuing its tight monetary policy stance to help ensure that prices for everyday goods, like rice, fuel, and transportation, don’t rise too quickly.

The decision was made during the Bank’s third Monetary Policy Committee (MPC) meeting of the year, held on July 16, 2025.

The MPR is the interest rate at which the CBL sells its instruments, the CBL bills, to commercial banks and retail investors, and it influences how much banks charge for loans and pay on savings.

By keeping the Monetary Policy Rate high above the inflation rate, the Bank is signaling its commitment to fighting inflation and maintaining economic stability.

Meanwhile, the CBL Governor, Henry Saamoi, says the Bank remains committed to building a resilient economy that works for all Liberians.

According to Governor Saamoi, by holding the policy rate steady, the Bank is working to keep inflation in check and ensure that the Liberian dollar remains stable.

He added that the decision is about protecting the everyday citizen’s ability to afford basic goods and services.

The CBL Governor emphasized that for ordinary Liberians, a steady Monetary Policy Rate helps slow down rising prices and keeps the Liberian dollar more stable against the US dollar.

CBL Governor Henry Saamoi is, at the same time, urging more use of the Liberian dollar in everyday transactions, including the usage of the Pan African Payment and Settlement System at any commercial bank.