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Bank of Botswana maintains the policy rate at 5 percent

The Bank Rate was maintained at 5 percent as decided at the Monetary Policy Committee (MPC) meeting held on . The outlook for price stability remains positive as inflation is forecast to remain within the Bank’s 3 � 6 percent objective range in the medium term. Inflation fell from 3.8 percent in November to 3.5 percent in December 2018.

Source: Bank of Botswana