BoB Bank Rate should remain constant to boost growth - analysts

Inflation, which last week fell by 0.1 percentage points to 6.9 percent, has reduced dramatically from the highs of early this year, prompting the Bank of Botswana (BoB) to  cut the bank rate by a cumulative 450 basis points since December last year.

Apart from the low inflation expectations, analysts also say that the need to rejuvenate economic growth will also drive the  central bank's Monetary Policy Committee to keep the bank rates low as the economy tries to find its way back to its feet after the recession.