Zambia increases Monetary Policy Rate to combat inflation

The Bank of Zambia announced that the Monetary Policy Committee (MPC) at its November meeting decided to raise the Monetary Policy Rate (MPR) by 50 basis points to 9.0 percent.

The Bank of Zambia announced that the Monetary Policy Committee (MPC) at its November meeting decided to raise the Monetary Policy Rate (MPR) by 50 basis points to 9.0 percent.