Rwanda holds key rate at 7.5pc, central bank says might cut soon

Rwanda centrl bank

The National Bank of Rwanda (NBR) headquarters in Kigali, Rwanda. 

Photo credit: File | Nation Media Group

Rwanda's central bank on Thursday held its key interest rate at 7.5 percent, but its governor said it might cut the rate at one of its upcoming meetings if inflation dynamics continued to look positive.

National Bank of Rwanda (NBR) Governor John Rwangombwa also said last year's economic growth was expected to surpass an earlier projection of 6.2 percent.