Tanzania keeps key interest rate unchanged at 6 pct in Q1 2025


DAR ES SALAAM, Jan. 8 (Xinhua) -- Tanzania's central bank announced on Wednesday that it has decided to maintain the key interest rate at 6 percent for the first quarter of 2025.

Governor of the Bank of Tanzania Emmanuel Tutuba said that keeping the central bank rate (CBR) unchanged will ensure adequate liquidity in the economy, anchor inflation expectations below the 5 percent target, and support robust economic growth of about 5.7 percent in the first quarter of 2025.

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