BNR maintains repo rate at 6.5% but El-Nino effect could push inflation up

The Central Bank’s diagnosis of the country’s economic performance in the second quarter has returned a positive outlook with Governor John Rwangombwa announcing at a news briefing, yesterday, a clean bill of health for the economy and stayed the repo rate at 6.5 per cent.
Central bank governor Rwangombwa and his deputy Dr Monique Nsanzabaganwa brief the media in Kigali yesterday. (Timothy Kisambira)
Central bank governor Rwangombwa and his deputy Dr Monique Nsanzabaganwa brief the media in Kigali yesterday. (Timothy Kisambira)
Kenneth Agutamba