BoB Holds MoPR at 5.5%

Sunday Standard BoB holds MoPR at 5.5% The Bank of Botswana has maintained its Monetary Policy Rate (MoPR) at 5.5 percent, opting for stability as inflationary pressures remain elevated, while lifting restrictions preventing commercial banks from independently adjusting their prime lending rates. The decision, announced on Thursday following the Monetary Policy Committee (MPC)’s two days meeting, comes as inflation, although easing, remains […] The post BoB holds MoPR at 5.5% first appeared on Sunday Standard and is written by Cedric Swanka

Source: Original reporting via Sunday Standard Botswana