Rwanda's central bank raises key rate to 7.25 pct as inflation pressures persist
KIGALI, Feb. 19 (Xinhua) -- The National Bank of Rwanda (BNR) has increased its benchmark central bank rate by 50 basis points to 7.25 percent, as policymakers move to contain rising inflation while safeguarding financial stability, the bank's governor said Thursday.
"The decision to raise the policy rate is aimed at limiting second-round effects of recent price increases and supporting a timely return of inflat