The policy rate is the key lending rate of the Central Bank of The Gambia. Monetary Policy Committee meets every quarter to signal the monetary policy stance of the Bank by setting the key policy rate.
| Meeting Dates | Effective Date | Monetary Policy Rate |
|---|---|---|
| July 26 - 27, 2004 | July 27, 2004 | 34 |
| October 14 - 15, 2004 | October 15, 2004 | 33 |
| December 2 - 3, 2004 | December 3, 2004 | 31 |
| February 16 - 17, 2005 | February 17, 2005 | 29 |
| April 28 -29, 2005 | April 29, 2005 | 29 |
| July 6 - 7, 2005 | July 7, 2005 | 25 |
| August 24 - 25, 2005 | August 25, 2005 | 21 |
| October 26 - 27, 2005 | October 28, 2005 | 19 |
| December 21 - 22, 2005 | December 22, 2005 | 19 |
| March 01 - 02, 2006 | March 2, 2006 | 17 |
| May 4 - 5, 2006 | May 5, 2006 | 15 |
| June 29 - 30, 2006 | June 30, 2006 | 15 |
| August 30 - 31, 2006 | August 31, 2006 | 15 |
| December 28 - 29, 2006 | December 29, 2006 | 14 |
| March 8 - 9, 2007 | March 9, 2007 | 14 |
| April 26 - 27, 2007 | April 27, 2007 | 14 |
| June 28 - 29, 2007 | June 29, 2007 | 15 |
| August 30 - 31, 2007 | August 31, 2007 | 15 |
| November 1 - 2, 2007 | November 2, 2007 | 15 |
| January 9 - 10, 2008 | January 11, 2008 | 15 |
| March 13 - 14, 2008 | March 14, 2008 | 15 |
| April 29-30, 2008 | April 30, 2008 | 15 |
| July 10 - 11, 2008 | July 11, 2008 | 15 |
| August 27 - 28, 2008 | August 28, 2008 | 15 |
| October 29 - 30, 2008 | October 30, 2008 | 16 |
| December 23- 24, 2008 | December 25, 2008 | 16 |
| February 26 - 27, 2009 | February 27, 2009 | 16 |
| June 18 - 19, 2009 | June 19, 2009 | 16 |
| August 27 - 28, 2009 | August 28, 2009 | 16 |
| October 29 - 30, 2009 | October 30, 2009 | 16 |
| December 29 - 20, 2009 | December 29, 2009 | 14 |
| February 23 - 24, 2010 | February 24, 2010 | 14 |
| June 2 - 3, 2010 | June 3, 2010 | 14 |
| August 31 - September 1, 2010 | September 1, 2010 | 15 |
| January 20 - 21, 2011 | January 21, 2011 | 15 |
| April 28, 2011 | April 28, 2011 | 15 |
| July 28, 2011 | July 28, 2011 | 15 |
| October 27 - 28, 2011 | October 28, 2011 | 14 |
| January 30 - 31, 2012 | January 31, 2012 | 13 |
| May 10 - 11, 2012 | May 11, 2012 | 13 |
| July 26 - 27, 2012 | July 27, 2012 | 12 |
| November 01 - 02, 2012 | November 2, 2012 | 12 |
| January 31, 2013 - February 04, 2013 | February 1, 2013 | 12 |
| May 06-07, 2013 | May 7, 2013 | 14 |
| June 20-21, 2013 | June 21, 2013 | 18 |
| January 30-31, 2014 | January 31, 2014 | 20 |
| May 12 - 13, 2014 | May 13, 2014 | 20 |
| August 06 - 07, 2014 | August 7, 2014 | 22 |
| November 24 -25, 2014 | November 25, 2014 | 22 |
| February 23-24, 2015 | February 24, 2015 | 22 |
| May 6 - 7, 2015 | May 7, 2015 | 23 |
| August 5 - 6, 2015 | August 6, 2015 | 23 |
| November 04-05, 2015 | November 5, 2015 | 23 |
| February 3 - 4, 2016 | February 4, 2016 | 23 |
| June 8 - 9, 2016 | June 9, 2016 | 23 |
| August 31 -September 01, 2015 | September 1, 2016 | 23 |
| May 8 - 9, 2017 | May 9, 2017 | 20 |
| June 20 - 21, 2017 | June 21, 2017 | 15 |
| August 24 - 25, 2017 | August 25, 2017 | 15 |
| November 22 - 23, 2017 | November 23, 2017 | 15 |
| February 28 - 29, 2018 | March 1, 2018 | 15 |
| May 30 - 31, 2018 | May 31, 2018 | 13.5 |
| August 28-29, 2018 | August 29, 2018 | 13.5 |
| November 28 - 29, 2018 | November 29, 2018 | 13.5 |
| February 27-28, 2019 | February 28, 2019 | 12.5 |
| May 29-30, 2019 | May 30, 2019 | 12.5 |
| August 28-29, 2019 | August 29, 2019 | 12.5 |
| November 28, 2019 | November 28, 2019 | 12.5 |
| February 26 - 27, 2020 | February 27, 2020 | 12 |
| May 27 - 28, 2020 | May 28, 2020 | 10 |
| August 26 - 27, 2020 | August 27, 2020 | 10 |
| December 2 - 3, 2020 | December 3, 2020 | 10 |
| March 3 - 4, 2021 | March 4, 2021 | 10 |
| May 26 - 27, 2021 | May 27, 2021 | 10 |
| September 7 - 8, 2021 | September 8, 2021 | 10 |
| November 24 - 25, 2021 | November 25, 2021 | 10 |
| February 22-23, 2022 | February 23, 2022 | 10 |
| May 30-31, 2022 | May 31, 2022 | 11 |
| August 31- September 01, 2022 | September 1, 2022 | 12 |
| December 7 - 8, 2022 | December 8, 2022 | 13 |
| February 27-28, 2023 | February 28, 2023 | 14 |
| May 30 - May 31,2023 | May 31, 2023 | 16 |
| August 28 - August 29, 2023 | August 29, 2023 | 17 |
| November 29 - November 30 , 2023 | November 30, 2023 | 17 |
| February 26-27, 2024 | February 27, 2024 | 17 |
| May 22 - 23, 2024 | May 23, 2024 | 17 |
| August 26-27, 2024 | August 27, 2024 | 17 |