Botswana central bank holds key lending rate

Reuters News

U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration
Reuters

Botswana’s central bank kept its key lending rate unchanged at 2.65% on Thursday.

Botswana’s Monetary Policy Rate has been at 2.65% since August 2022.

Inflation rose to 3.2% year-on-year in September from 1.2% in August, within the central bank’s preferred range of 3%-6%.