Rwanda's Central Bank Raises Key Interest Rate to 7.25%

Rwanda's central bank has increased its key interest rate from 6.75% to 7.25%, marking a significant monetary policy adjustment. Bloomberg posted on X, highlighting the central bank's decision as part of efforts to address inflationary pressures and stabilize the economy. The monetary policy committee's move aims to curb rising inflation and ensure economic stability amid global financial uncertainties. This adjustment reflects the central bank's proactive stance in managing the country's economic challenges and maintaining financial stability. The decision comes as Rwanda navigates complex economic dynamics, including external factors impacting its financial landscape. The central bank's action underscores its commitment to safeguarding economic growth and controlling inflation.