Botswana’s central bank holds lending rate at 5 percent

    0
    461

    Botswana’s central bank left its benchmark lending rate unchanged at 5 percent on Monday, saying the outlook for price stability remains positive.

    “Subdued domestic demand pressures and the modest increase in foreign prices contribute to the positive inflation outlook in the medium term,” Governor Moses Pelaelo said in a statement.

    – Reuters

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here