Zambia’s central bank raised its key interest rate for the first time since November 2019 to contain rising inflation and anchor inflation expectations, and said it was “ready to adjust the policy rate upwards further should inflationary pressures persist.”

Zambia’s central bank raised its key interest rate for the first time since November 2019 to contain rising inflation and anchor inflation expectations, and said it was “ready to adjust the policy rate upwards further should inflationary pressures persist.”Read More

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