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7 Articles
Rwanda's central bank raises key rate to 7.25 pct as inflation pressures persist
KIGALI, Feb. 19 (Xinhua) -- The National Bank of Rwanda (BNR) has increased its benchmark central bank rate by 50 basis points to 7.25 percent, as policymakers move to contain rising inflation while safeguarding financial stability, the bank's governor said Thursday. Read full story
Rwanda: Central Bank Raises Key Interest Rate By 50 Bps to Reign in Inflation
The Monetary Policy Committee (MPC) of the National Bank of Rwanda (BNR) has increased the central bank policy rate by 50 basis points to 7.25 per cent in a fight to bring inflation under control.
BNR Raises Interest Rate, Highest In Three Years - Rwanda Dispatch News Agency
The National Bank of Rwanda (BNR) has taken a firmer stance against rising prices, raising its key interest rate by 50 basis points to 7.25 percent, the largest increase in nearly three years, even as the Rwandan franc continues to weaken against the US dollar and regional currencies. The Monetary Policy Committee (MPC) announced the […] The post BNR Raises Interest Rate, Highest In Three Years appeared first on Rwanda Dispatch News Agency. The …
The Central Bank of Rwanda (Rwanda National Bank) has increased its policy rate by 50 basis points to 7.25 per cent in response to inflation that has exceeded its target area. After having recorded 8.9 per cent in January, compared with 8.0 per cent in December, inflation is thus moving away from the target set by the central bank, which targets a range of between 2 per cent and 8 per cent. In a press release issued this Thursday, 19 February, S…
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