FX.co ★ Rwanda Central Bank Lifts Repo Rate to 8.75% to Rein In Inflation

Rwanda has raised its key repo rate from 8.25% to 8.75%, according to data updated on 27 August 2026. The 50-basis-point increase signals a continued tightening stance by the country’s monetary authorities.

The move is likely aimed at containing inflationary pressures and anchoring price stability, even as higher borrowing costs may weigh on credit growth and investment. The repo rate, which serves as the benchmark for short-term lending in the financial system, will influence commercial bank lending rates and the overall cost of financing in the economy.

Market participants and businesses will be watching closely to see how the higher policy rate affects demand, lending conditions and expectations for future monetary policy decisions in Rwanda.