Rwanda’s Central Bank Maintains Key Repo Rate at 5%

May 13, 2022 · 53s
Rwanda’s Central Bank Maintains Key Repo Rate at 5%
Description

National Bank of Rwanda has maintained the key repo rate--at which it lends to commercial banks-- at 5 per cent and said domestic economic growth is likely to slow down....

show more
National Bank of Rwanda has maintained the key repo rate--at which it lends to commercial banks-- at 5 per cent and said domestic economic growth is likely to slow down.
The Bank's Governor, John Rwangombwa says that there was low production in the agriculture season A hence leading to the continued rise in commodity prices.
Rwangombwa says that the Bank was working with stakeholders to limit the impact of external pressures on Rwanda's purchasing power.
The Monetary Policy Committee will continue to monitor domestic and global economic developments to inform future decisions.
show less
Information
Author Africa Business Radio
Organization Africa Business Radio
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search