FX.co ★ Rwanda Holds Rate for Third Meeting in a Row

In its May 2025 meeting, the National Bank of Rwanda maintained its benchmark interest rate at 6.5%, marking the third consecutive meeting without any changes. The policymakers emphasized that this rate is suitable for keeping inflation within the bank's target parameters while still bolstering economic growth. Inflation is expected to remain around 6.5% for the remainder of the year, before easing to 3.9% in 2026, notwithstanding persistent risks that could affect the outlook.