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Rwanda – How Central Bank’s Revised Key Repo Rate Impacted the Economy

Downtown Kigali - Flickr - Dave Proffer
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In December, last year, the central bank’s committee on financial stability reviewed the key repo rate from 6.5 per cent to 6.25 per cent in a bid to encourage banks to increase lending. A repo rate is the rate at which the central bank lends money to commercial banks in the event of any shortfall of…



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