Botswana lending rate left unchanged at 6 pct

February 17, 2016 10:12 AM

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GABORONE Feb 17 Botswana's central bank left its benchmark lending rate unchanged at 6 percent on Wednesday, saying the current policy stance was achieving the bank's inflation and growth targets.

"The inflation forecast suggest that the prevailing monetary policy stance is consistent with maintaining inflation within the Bank's medium-term objective range of 3 - 6 percent," the Bank of Botswana said in a statement.

Also read: Brazil’s Central Bank Keeps Key Rate Steady for First Time in 13 Meetings

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