Bank Rate unchanged at 4.75 percent
13 December 2019
The Monetary Policy Committee (MPC) of the Bank of Botswana met in December 2019 and decided to maintain the Bank Rate at 4.75 percent. The MPC reports a positive inflation outlook in the medium term, citing subdued domestic demand along with the modest increase in foreign prices as contributors to this outlook. The next MPC meeting is scheduled for February 2020.