Inflation seen breaching BoB�s lower ballpark
Wednesday, March 04, 2015
Source: Bank of Botswana
In a bid to maintain price stability in the economy, the central bank has set an inflation objective of between 3-6 percent.
Launching the 2015 Monetary Policy Statement (MPS) yesterday, BoB governor Linah Mohohlo said the economy will continue to experience disinflation this year auguring well for the retention of the accommodative monetary policy stance, which has ushered in the prevailing low interest rates regime.
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