Rwanda's central bank maintains lending rate to contain inflation
National Bank of Rwanda Governor John Rwangombwa. Bank maintains its lending rate to tackle soaring inflationary pressures and support economic recovery. PHOTO | FILE | NMG
Rwanda’s central bank has maintained its lending rate to tackle soaring inflationary pressures and support economic recovery.
The central bank’s rate-setting Monetary Policy Committee (MPC) on Thursday decided to maintain the rate at 5, unchanged from the last quarter, to contain inflation and support economic recovery amid heightened risk including rising domestic and global inflation.
