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Rwanda central bank holds policy rate for second meeting running


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Rwanda central bank holds policy rate for second meeting running

13th February 2025

By: Reuters

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Rwanda's central bank kept its key interest rate at 6.5%, the second "hold" decision in a row as it said inflation was expected to remain within its target range.

Annual inflation rose to 7.4% in January, approaching the top of the central bank's 3%-8% target range.

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The bank has raised its average inflation forecast for this year to around 6.5%, up from 5.8%, and sees it at 4.1% in the following year.

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