Monetary policy rate increased from 9.5 percent to 10.0

THE Bank of Zambia (BOZ) has raised the Monetary Policy Rate to 10.0 percent from 9.5 percent. The decision is attributed to the movement of current and projected inflation away from the 6-8 percent target band and the need to contain inflation expectations. Bank of Zambia Governor Dr Denny Kalyalya said the move is in […]

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