US EditionBotswana central bank maintains key rate for second meeting running
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Botswana's main interest rate on hold, with inflation in target range - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Botswana’s central bank kept its monetary policy rate unchanged on Thursday, saying inflation was projected to stay within its target range as a depressed global diamond market continues to weigh on the economy. It was the second meeting in a row that the Bank of Botswana maintained the rate at 3.5%. Annual inflation was at 4.1% in January near the middle of the central bank’s 3-6% target range. The bank’s latest forecasts are for inflation to a…
The Central Bank of Botswana has chosen to leave its policy rate unchanged at 3.5%. This decision announced on Thursday 26 February marks the second consecutive meeting without modification of its main monetary instrument. It is in line with the central bank's desire to support the local economy in the face of global economic uncertainty, while keeping the central bank...
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