Botswana holds rates, while Namibia tightens by 25bp
Southern African nations remain cautious, despite deal between US and Iran
The central banks of Namibia and Botswana announced rates decisions this week, with both Southern African nations taking a cautious stance against the backdrop of the deal between the US and Iran to reopen the Strait of Hormuz.
Botswana: hold amid uncertaintyThe Bank of Botswana announced today (June 18) that it was holding its policy rate at 5.5%. It had raised the rate from 3.5% to its current level following the previous meeting of its monetary policy committee on April 30 – a decision it
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