Bank of Tanzania (BoT), the Tanzanian central bank, has reduced its key rate by 25 basis points, bringing it down from 6.0% to 5.75%, at its monetary policy meeting on Thursday, July 3. This decision comes in a context of moderate inflation, giving the monetary institution room to further ease its policy and stimulate economic…...
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Tanzania: Central Bank lowers its key rate to 5.75% to support growth
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