BoZ increases Monetary Policy Rate by 14.0 percent.

THE Bank of Zambia (BoZ) has increased the Monetary Policy Rate by 50 basis points to 14.0 percent. The increase has been necessitated by actual and projected inflation continuing to remain above 6 to 8 percent target band. Bank of Zambia Governor, Denny Kalyalya said the decision to raise the Policy Rate is aimed at […] The post BoZ increases Monetary Policy Rate by 14.0 percent. first appeared on Mwebantu.

BoZ increases Monetary Policy Rate by 14.0 percent.

THE Bank of Zambia (BoZ) has increased the Monetary Policy Rate by 50 basis points to 14.0 percent. The increase has been necessitated by actual and projected inflation continuing to remain above 6 to 8 percent target band. Bank of Zambia Governor, Denny Kalyalya said the decision to raise the Policy Rate is aimed at […]

The post BoZ increases Monetary Policy Rate by 14.0 percent. first appeared on Mwebantu.