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Tag Archives: #Bank of Botswana

Breaking: Bank of Botswana reduces interest rate to 1.9%

The Bank of Botswana (BoB) has reduced interest rates by 25 basis points to 1.9% despite rising inflation. It is the third consecutive rate cut in a year. The previous cuts were in December 2023 and June 2024. 

The Bank of Botswana (BoB) has reduced interest rates by 25 basis points to 1.9% despite rising inflation. It is the third consecutive rate cut in a year. The previous cuts were in December 2023 and June 2024.  Headline inflation in July rose to 3.5%, in line with the bank’s …

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