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Botswana lending rate left unchanged at 6 pct – cbank
11:00 CAT | 18 Feb 2016
(File) / The pula is the currency of Botswana.
Botswana’s central bank left its benchmark lending rate unchanged at 6 percent on Wednesday, saying the current policy stance was achieving the bank’s inflation and growth targets.
“The inflation forecast suggest that the prevailing monetary policy stance is consistent with maintaining inflation within the Bank’s medium-term objective range of 3 – 6 percent,” the Bank of Botswana said in a statement.
Source: Reuters
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