Bank Of Botswana Will Keep Interest Rate Steady Over Rest Of 2024
Country Risk / Botswana / Fri 26 Apr, 2024
Key View
- We retain our view that the Bank of Botswana (BoB) will hold its policy rate at 2.40% over the remainder of 2024, following the decision to hold the benchmark monetary policy rate steady on April 26.
- Inflation is expected to trend near the lower end of the BoB’s 3.0-6.0% inflation target range over the coming quarters, underpinning our