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Home
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Rates & Bonds

Tanzania central bank keeps benchmark interest rate unchanged

April 4th, 2025 | 08:31 AM MARKETS Rates & Bonds 1

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By Reuters

Tanzania's central bank said on Friday that it had kept its key interest rate (TZINTR=ECI) unchanged at 6%.

It is the fourth monetary policy meeting in a row that the rate has been maintained.

The Bank of Tanzania targets inflation of 5%, and consumer inflation (TZCPIY=ECI) has hovered around 3% since it launched its policy rate in January 2024.

The East African country's economy is projected to grow about 6% this year from an estimated 5.4% in 2024, its finance minister and central bank governor said in November.

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