BNR Raises Interest Rate Again as Inflation Climbs to 14.5% - Rwanda Dispatch

How 8.75% central bank interest rate will influence household, business decisions

The Monetary Policy Committee (MPC) has decided to increase the Central Bank Rate (CBR) by 50 basis points, from 8.25 per cent to 8.75 per cent, the National Bank of Rwanda (BNR) s...

BNR raises interest rate again as inflation climbs to 14.5% - Rwanda Dispatch

Rwanda’s central bank raised its key interest rate to 8.75% from 8.25% on Thursday, stepping up its fight against inflation after consumer prices rose 14.5% in July. The decision followed a meeting of the National Bank of Rwanda’s Monetary Policy Committee on Aug. 26 and marked the latest in a series of rate increases aimed […] The post BNR raises interest rate again as inflation climbs to 14.5% appeared first on Rwanda Dispatch. The post BNR ra…

Rwanda Central Bank Raises Rates to 17-Year High

Rwanda's central bank has pushed its key interest rate to 8.75 per cent, its highest level in nearly 17 years, as part of a hawkish strategy to curb inflation. The post Rwanda Central Bank Raises Interest Rates to 17-Year High appeared first on Business Elites Africa.

Rwanda Central Bank Raises Key Interest Rate to 8.75% as Inflation Hits 14.5%

KIGALI – Rwanda’s central bank has raised its benchmark interest rate by 50 basis points to 8.75%, tightening monetary policy further as inflation accelerated to 14.5% in July, well above… The post Rwanda Central Bank Raises Key Interest Rate to 8.75% as Inflation Hits 14.5% appeared first on KT PRESS.