Bank Rate maintained at 5.5%
15 December 2016
Bank of Botswana Monetary Policy Committee (MPC) has maintained the Bank Rate at 5.5 percent at a meeting held on the 13 December 2016. According to the Committee, the outlook for price stability is positive and inflation is expected to be within remain within the Bank's objective range. Monetary Policy is also aligned with the need to safeguard financial stability, thus, credit growth is considered to be at a sustainable level.