ADVERTISEMENT

Central bank leaves lending rate unchanged at 6.0 percent

In a statement, the Bank of Botswana said modest domestic demand and subdued foreign price developments had contributed to the positive inflation outlook in the medium term.

A worker is seen at a construction site in Gaborone, Botswana, November 23, 2015.     REUTERS/Siphiwe Sibeko

Botswana's central bank kept its benchmark lending rate unchanged at 6 percent on Tuesday, saying the outlook for price stability was positive, and inflation was expected to remain within target.

In a statement, the Bank of Botswana said modest domestic demand and subdued foreign price developments had contributed to the positive inflation outlook in the medium term.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

How we reduced road traffic crashes by 42%  – FRSC boss

How we reduced road traffic crashes by 42% – FRSC boss

Motorists express worry as long fuel queues resurface in FCT

Motorists express worry as long fuel queues resurface in FCT

Reno's $10,000 Challenge: I didn't build any school in Anambra, Obi opens up

Reno's $10,000 Challenge: I didn't build any school in Anambra, Obi opens up

Bullied student threatens Abuja school with lawsuit if abusers are not punished

Bullied student threatens Abuja school with lawsuit if abusers are not punished

EFCC withdraws appeal against Yahaya Bello

EFCC withdraws appeal against Yahaya Bello

Gov Zulum wants Army to establish military base in Sambisa forest

Gov Zulum wants Army to establish military base in Sambisa forest

2 Wike loyalists exit Fubara's cabinet as Governor reshuffles

2 Wike loyalists exit Fubara's cabinet as Governor reshuffles

Ganduje believes APC is the answer to Nigeria’s problems

Ganduje believes APC is the answer to Nigeria’s problems

Spate of deaths strikes Nigerian movie industry, Nigerians calls for action

Spate of deaths strikes Nigerian movie industry, Nigerians calls for action

ADVERTISEMENT
ADVERTISEMENT