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The Chief Executive Officer of the Financial Derivatives Company, Bismarck Rewane, says the Central Bank Monetary Policy Committee will have no option but to tighten interest rates amid soaring inflation and economic hardship. Rewane disclosed this in a recent interview on Channels Television. He stated that the MPC would likely increase the country’s interest rate by nothing less than 200 basis points. “We have no choice but to tighten monetary policy. They must tighten and tighten well. “I will suggest that nothing less than 200 basis points will send a signal to the market. “We have seen th…

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