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CBL cuts repo rate to 6.5 percent
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CBL cuts repo rate to 6.5 percent
Moroke Sekoboto THE Central Bank of Lesotho (CBL)’s Monetary Policy Committee (MPC) has once again provided relief to consumers by reducing the repo rate by 25 basis points, from 6.75 percent to 6.50 percent. Announcing the decision after the MPC’s 116th meeting this week, CBL Governor, Dr Maluke Letete, said the move aligns with the prevailing domestic economic conditions and broader regional monetary developments. The repo rate is the inter…
·Maseru, Lesotho
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