The average monthly Money Market Rate (MMR) for November was 7.80% compared with 7.81% in October and 7.82% in September. This is after a stagnation at 7.83% between May and August 2019.
It should be noted that the overnight MMR ended November at 7.75%, i.e. its lowest level since last February, the date on which the last increase in the key interest rate on the BCT came into effect.
