List of countries by central bank interest rates

This is a list of countries by annualized interest rate set by the central bank for charging commercial, depository banks for loans to meet temporary shortages of funds.

List

Country or
currency union
Central bank
interest rate (%)
Change Effective date of
last change
Average inflation rate
2017–2021 (%)
by WB and IMF[1][2]
as in the List
Central bank interest rate
minus average
inflation rate (2017–2021)
 Afghanistan 6.00 Negative increase 3.00 24 July 2021[3] 3.38 2.62
 Albania 3.25 Negative increase 0.25 1 November 2023[4] 1.78 1.47
 Algeria 3.00 Positive decrease 0.25 29 April 2020[5] 4.14 -1.14
 Angola 18.00 Negative increase 1.00 21 November 2023[6] 22.64 -4.64
 Argentina 133.00 Negative increase 15.00 12 October 2023[7] 40.85 92.15
 Armenia 9.25 Positive decrease 0.25 12 December 2023[8] 2.62 6.63
 Australia 4.35 Negative increase 0.25 8 November 2023[9] 1.78 2.57
 Azerbaijan 8.50 Positive decrease 0.50 1 November 2023[10] 5.02 3.48
 Bahamas 4.00 Positive decrease 0.50 22 December 2016 [11] 1.86 2.14
 Bahrain 6.25 Negative increase 0.25 26 July 2023[12] 0.63 5.62
 Bangladesh 6.50 Negative increase 0.50 1 July 2023[13] 5.58 0.92
 Barbados 2.00 Positive decrease 5.00 1 April 2020[14] 3.51 -1.51
 Belarus 9.75 Positive decrease 0.25 31 May 2023 [15] 6.25 3.50
 Bolivia 2.77 Positive decrease 0.33 1 July 2023[16] 1.83 0.94
 Botswana 2.40 Negative increase 0.25 7 December 2023[17] 3.40 -1.00
 Brazil 11.75 Positive decrease 0.50 13 December 2023[18] 4.35 7.40
 Bulgaria 3.80 Negative increase 0.16 1 December 2023[19] 1.92 1.88
 Canada 5.00 Negative increase 0.25 12 July 2023[20] 1.94 3.06
 Cape Verde 1.00 Negative increase 0.75 16 May 2023[21] 1.05 -0.05
Central African States 5.00 Negative increase 0.50 27 March 2023[22]
 Chile 9.00 Positive decrease 0.50 5 September 2023[23] 2.80 6.20
 China 3.45 Positive decrease 0.10 21 August 2023[24] 2.00 1.45
 Colombia 13.25 Negative increase 0.25 2 May 2023[25] 3.36 9.89
 Costa Rica 5.75 Positive decrease 0.25 19 January 2024[26] 1.60 4.15
 DR Congo 11.00 Negative increase 2.00 19 June 2023[27] 18.09 -7.09
 Curacao 5.50 Negative increase 0.75 10 March 2023[28]
 Czech Republic 7.00 Negative increase 1.25 22 June 2022[29] 2.67 4.33
 Denmark 3.60 Negative increase 0.25 15 September 2023[30] 0.85 2.75
 Dominican Republic 7.00 Positive decrease 0.25 30 November 2023[31] 4.05 2.95
Eastern Caribbean 2.00 Positive decrease 4.5 3 May 2020[32]
 Egypt 19.25 Negative increase 1.00 3 August 2023[33] 13.69 5.56
 Eswatini 7.50 Positive decrease 0.25 21 July 2023[34] 4.36 3.14
European Union Eurozone 4.50 Negative increase 0.25 20 September 2023[35]
 Fiji 0.25 Positive decrease 0.25 18 March 2020[36] 1.54 -1.29
 Gambia 17.00 Negative increase 1.00 29 August 2023[37] 6.93 10.07
 Georgia 10.00 Positive decrease 0.25 14 September 2023[38] 5.59 4.41
 Ghana 30.00 Negative increase 0.50 24 July 2023[39] 9.70 20.30
 Guatemala 5.00 Negative increase 0.25 26 April 2023[40] 3.97 1.03
 Honduras 3.00 Positive decrease 0.75 27 November 2020[41] 4.14 -1.14
 Hong Kong 5.75 Negative increase 0.25 27 July 2023[42] 1.79 3.96
 Hungary 11.50 Positive decrease 0.75 22 November 2023[43] 3.30 8.20
 Iceland 9.25 Negative increase 0.50 23 August 2023[44] 2.91 6.34
 India 6.50 Negative increase 0.25 8 February 2023[45] 4.70 1.80
 Indonesia 6.00 Negative increase 0.25 19 October 2023[46] 2.70 3.30
 Iran 23.00 31 January 2023[47] 30.05 -7.05
 Israel 4.50 Positive decrease 0.25 1 January 2024[48] 0.55 3.95
 Jamaica 7.00 Negative increase 0.50 18 November 2022[49] 4.57 2.43
 Japan -0.10 Positive decrease0.10 29 January 2016[50] 0.35 -0.45
 Jordan 7.50 Negative increase 0.50 30 July 2023[51] 2.16 5.34
 Kazakhstan 15.25 Positive decrease 0.50 19 January 2024[52] 6.61 8.64
 Kenya 12.50 Negative increase 2.00 5 December 2023[53] 5.81 6.69
 Kuwait 4.25 Negative increase 0.25 26 July 2023[54] 1.69 2.56
 Kyrgyzstan 13.00 Positive decrease 1.00 29 November 2022[55] 5.03 7.97
 Lebanon 20.00 Negative increase 10.00 April 2023[56] 39.55 -19.55
 Lesotho 7.75 Negative increase 0.25 29 May 2023[57] 5.04 2.71
 Malawi 24.00 Negative increase 2.00 31 July 2023[58] 9.65 14.35
 Malaysia 3.00 Negative increase 0.25 3 May 2023[59] 1.36 1.64
 Mauritius 4.50 Negative increase 0.50 14 December 2022[60] 3.01 1.49
 Mexico 11.25 Negative increase 0.25 31 March 2023[61] 4.67 6.58
 Moldova 4.75 Positive decrease 1.25 7 November 2023[62] 4.34 0.41
 Mongolia 13.00 Negative increase 1.00 16 December 2022[63] 5.50 7.50
 Morocco 3.00 Negative increase 0.50 23 March 2023 [64] 0.92 2.08
 Mozambique 17.25 Negative increase 2.00 30 September 2022[65] 6.22 11.03
 Namibia 7.75 Negative increase 0.50 14 June 2023[66] 4.08 3.67
 New Zealand 5.50 Negative increase 0.25 24 May 2023[67] 1.95 3.55
 Nicaragua 7.00 Negative increase 0.50 15 December 2022[68] 4.40 2.60
 Nigeria 18.75 Negative increase 0.25 25 July 2023[69] 14.03 4.72
 North Macedonia 6.30 Negative increase 0.15 20 August 2023[70] 1.58 4.72
 Norway 4.50 Negative increase 0.25 15 December 2023[71] 2.14 2.36
 Oman 6.00 Negative increase 0.25 July 26, 2023[12] 0.94 5.06
 Pakistan 22.00 Negative increase 1.00 27 June 2023[72] 6.89 15.11
 Papua New Guinea 3.00 Positive decrease 0.50 September 2023[73] 4.46 -1.46
 Paraguay 6.50 Positive decrease 0.25 19 January 2024[74] 3.12 3.38
 Peru 6.50 Positive decrease 0.25 14 December 2023[75] 2.25 4.25
 Philippines 6.50 Negative increase 0.25 27 October 2023 [76] 3.50 3.00
 Poland 5.75 Positive decrease 0.25 5 October 2023[77] 2.74 3.01
 Qatar 6.00 Negative increase 0.25 26 July 2023[78] -0.04 6.04
 Romania 7.00 Negative increase 0.25 11 January 2023[79] 3.35 3.65
 Russia 16.00 Negative increase 1.00 15 December 2023[80] 4.07 11.93
 Rwanda 7.50 Negative increase 0.50 17 August 2023[81] 3.75 3.75
 Samoa 0.20 Negative increase 0.02 18 August 2023[82] 1.13 -0.93
 Saudi Arabia 6.00 Negative increase 0.25 26 July 2023[12] 1.24 4.76
 Serbia 6.50 Negative increase 0.25 8 June 2023[83] 2.31 4.19
 Seychelles 2.00 Positive decrease 1.00 5 July 2021[84] 3.91 -1.91
 Sierra Leone 19.25 Negative increase 0.50 10 July 2023[85] 14.77 4.48
 Sint Maarten 5.50 Negative increase 0.75 10 March 2023[86]
 South Africa 8.25 Negative increase 0.50 26 May 2023[87] 4.34 3.91
 South Korea 3.50 Negative increase 0.25 13 January 2023[88] 1.31 2.19
 South Sudan 15.00 Negative increase 3.00 22 March 2023[89] 73.91 -58.91
 Sri Lanka 9.00 Positive decrease 1.00 24 November 2023[90] 4.97 4.03
 Sudan 100.90
 Suriname 10.00 Negative increase 1.00 September 18, 2013 24.53 -14.53
 Sweden 4.00 Negative increase 0.25 27 September 2023[91] 1.66 2.34
  Switzerland 1.75 Negative increase 0.25 23 June 2023[92] 0.31 1.44
 Taiwan 1.875 Negative increase 0.125 24 March 2023[93] 0.91 0.965
 Tajikistan 10.00 Positive decrease 1.00 1 May 2023[94] 7.10 2.90
 Thailand 2.50 Negative increase 0.25 27 September 2023[95] 0.49 2.01
 Trinidad and Tobago 3.50 Positive decrease 1.50 17 March 2020[96] 1.11 2.39
 Tunisia 8.00 Negative increase 0.75 2 January 2023[97] 6.14 1.86
 Turkey 45.00 Negative increase 2.50 25 January 2024[98] 14.38 25.62
 Uganda 9.50 Positive decrease 0.50 15 August 2023[99] 3.11 6.39
 Ukraine 15.00 Positive decrease 1.00 15 December 2023 [100] 9.11 5.89
 UAE 5.40 Negative increase 0.25 26 July 2023[12] 0.61 4.79
 United Kingdom 5.25 Negative increase 0.25 3 August 2023[101] 2.00 3.25
 United States 5.50 Negative increase 0.50 26 July 2023[102] 2.46 3.04
 Uruguay 9.00 Positive decrease 0.25 29 December 2023[103] 7.80 1.20
 Uzbekistan 14.00 Positive decrease 1.00 17 March 2023[104] 13.95 0.05
 Vietnam 5.50 Positive decrease 0.50 3 April 2023[105] 3.02 2.48
West African States 3.25 Negative increase 0.25 16 September 2023[106]
 Zambia 11.00 Negative increase 1.00 22 November 2023[107] 12.25 -1.25
 Zimbabwe 150.00 Positive decrease 50.00 2 February 2023[108] 183.31 -33.31


References

  1. ^ "Inflation, consumer prices (annual %) | Data". data.worldbank.org. Retrieved 7 December 2019.
  2. ^ "Report for Selected Countries and Subjects". www.imf.org. Retrieved 7 December 2019.
  3. ^ "The Monetary Policy Committee (MPC) Meeting" (PDF). Da Afghanistan Bank. 24 July 2021. Retrieved 30 July 2023.
  4. ^ "Latest monetary policy decision and calendar". Bank of Albania. Retrieved 11 November 2023.
  5. ^ "TENDANCES MONETAIRES ET FINANCIERES - Premier Semestre 2022" (PDF). Bank of Algeria (in French). p. 29. Retrieved 14 March 2023.
  6. ^ "Angola central bank hikes rates as inflation continues to climb". Reuters. 21 November 2023. Retrieved 26 November 2023.
  7. ^ Otaola, Jorge (12 October 2023). "Argentina central bank hikes key rate to 133% as inflation worsens". Reuters.
  8. ^ "MP Instruments Interest Rates". Central Bank of Armenia. Retrieved 16 December 2023.
  9. ^ "Cash Rate Target". Reserve Bank of Australia. Retrieved 11 November 2023.
  10. ^ "Central Bank of Azerbaijan lowers interest rate". News.Az Online News Agency. 1 November 2023.
  11. ^ "Money & Credit Aggregates". Central Bank of The Bahamas. Retrieved 3 February 2023.
  12. ^ a b c d Derhally, Massoud A (26 July 2023). "Gulf central banks raise interest rates as Fed benchmark hits 22-year high". The National News.
  13. ^ "Bangladesh Bank ends rate cap, hikes policy rate by 50 basis points". The Business Standard. 18 June 2023.
  14. ^ "Central Bank of Barbados Announces Monetary Policy Measures". Central Bank of Barbados. 30 March 2020. Retrieved 4 February 2023.
  15. ^ "Belarus' central bank to cut down refinancing rate to 9.75% on 31 May". belarus.by. 22 May 2023.
  16. ^ "LA TASA DE REFERENCIA (TRE) EN MONEDA NACIONAL DISMINUYE A 2,77% PARA EL MES DE JULIO". Banco Central de Bolivia (in Spanish). Retrieved 1 August 2023.
  17. ^ "Monetary Policy Committee Decision - December 7, 2023". Bank of Botswana. 7 December 2023.
  18. ^ "Copom reduces the Selic rate to 11.75% p.a." Banco Central do Brasil. 13 December 2023.
  19. ^ "Press Release". Bulgarian National Bank. 30 November 2023.
  20. ^ "Policy interest rate". Bank of Canada.
  21. ^ "Comunicado do Banco de Cabo Verde sobre a orientação da Política Monetária - 08 de maio de 2023" (PDF). Banco de Cabo Verde (in Portuguese). 8 May 2023. Retrieved 1 August 2023.
  22. ^ "COMITE DE POLITIQUE MONETAIRE Séance du 27 mars 2023 COMMUNIQUE DE PRESSE" (PDF). Bank of Central African States (in French). 27 March 2023. Retrieved 27 April 2023.
  23. ^ Cambero, Fabian; O'Boyle, Brendan (26 October 2023). "Chile cuts rate less than expected, flags geopolitical risks". Reuters.
  24. ^ Hoskins, Peter (21 August 2023). "China cuts key interest rate as recovery falters". BBC News.
  25. ^ "The Board of Directors of Banco de la República decided to increase the monetary policy rate by majority vote by 25 basis points (bps) bringing it to 13.25%". Banco de la República. 28 April 2023. Retrieved 28 May 2023.
  26. ^ "Tasa de política monetaria". Banco Central de Costa Rica. Retrieved 23 January 2024.
  27. ^ "Taux Directeur (Prêt à Court Terme)". Banque Centrale du Congo (in French). Retrieved 19 June 2023.
  28. ^ "Monetary policy stance tightened further: CBCS raises pledging rate to 5,50" (PDF). Centrale Bank van Curaçao en Sint Maarten. Retrieved 19 March 2023.
  29. ^ "Bank Board decisions". Czech National Bank. Retrieved 5 February 2023.
  30. ^ "Official interest rates". Danmarks Nationalbank. Retrieved 18 September 2023.
  31. ^ "CBDR reduces its monetary policy rate by 25 basis points, from 7.25 % to 7.00 % per annum". Banco Central República Dominicana (in Spanish). 30 November 2023.
  32. ^ "Communiqué of the 1st Special Meeting of the Monetary Council of the Eastern Caribbean Central Bank". Eastern Caribbean Central Bank. 3 May 2020. Retrieved 2 August 2023.
  33. ^ "MPC decided to raise key policy rates by 100 bps". Central Bank of Egypt. 3 August 2023.
  34. ^ "Monetary Policy Statement – July 2023". Central Bank of Eswatini. 21 July 2023.
  35. ^ "Key ECB interest rates". European Central Bank. Retrieved 15 September 2023.
  36. ^ "Press Release No 07 – RBF Reduces Overnight Policy Rate". Reserve Bank of Fiji. 18 March 2020. Retrieved 4 February 2023.
  37. ^ "Monetary Policy Rate". Central Bank of The Gambia. Retrieved 2 September 2023.
  38. ^ "Monetary Policy Rate". National Bank of Georgia. Retrieved 15 September 2023.
  39. ^ "Policy Rate Trends". Bank of Ghana. Retrieved 29 July 2023.
  40. ^ "LA JUNTA MONETARIA AUMENTA LA TASA DE INTERÉS LÍDER DE POLÍTICA MONETARIA DE 4.75% A 5.00%" (PDF). Banco de Guatemala (in Spanish). 26 April 2023. Retrieved 2 August 2023.
  41. ^ "EL BANCO CENTRAL DE HONDURAS MANTIENE LA TASA DE POLÍTICA MONETARIA" (PDF). Banco Central de Honduras (in Spanish). Retrieved 30 October 2021.
  42. ^ "Adjustment of the Base Rate". Hong Kong Monetary Authority. 27 July 2023.
  43. ^ "Press release on the Monetary Council meeting of 21 November 2023". Hungarian National Bank. 21 November 2023.
  44. ^ "Statement of the Monetary Policy Committee 23 August 2023". Central Bank of Iceland. 23 August 2023.
  45. ^ "Monetary Policy Statement, 2022-23 Resolution of the Monetary Policy Committee (MPC) February 6-8, 2023". Reserve Bank of India. 8 February 2023.
  46. ^ "BI 7-day (Reverse) Repo Rate". Bank Indonesia. Retrieved 27 October 2023.
  47. ^ "Iran officially raises interest rate to 23%". ParsToday. 31 January 2023. Retrieved 4 February 2023.
  48. ^ "The Monetary Committee decides on January 1, 2024 to reduce the interest rate by 0.25% to 4.5%". Bank of Israel. 1 January 2024.
  49. ^ "Monetary Policy Decisions & Schedule". Bank of Jamaica. Retrieved 6 February 2023.
  50. ^ "Bank of Japan maintains ultra-low rates, warns it is closely watching yen moves". CNBC. 22 June 2022. Retrieved 29 March 2023.
  51. ^ "Monetary Policy Interest Rates". Central Bank of Jordan. Retrieved 29 July 2023.
  52. ^ "The base rate reduced to 15.25%". National Bank of Kazakhstan. 19 January 2024.
  53. ^ "PRESS RELEASE MONETARY POLICY COMMITTEE MEETING" (PDF). Central Bank of Kenya. 5 December 2023.
  54. ^ Derhally, Massoud A (26 July 2023). "Gulf central banks raise interest rates as Fed benchmark hits 22-year high". The National News.
  55. ^ "Policy rate of the National Bank of the Kyrgyz Republic". National Bank of the Kyrgyz Republic. Retrieved 6 February 2023.
  56. ^ "REPO RATE". Banque du Liban. 8 May 2023.
  57. ^ "Statement of the monetary policy committee" (PDF). Central Bank of Lesotho. 29 May 2023.
  58. ^ "Malawi c.bank raises main lending rate by 400 bps to 18%". Nyasa Times. 31 July 2023.
  59. ^ "Monetary Policy Statement". Bank Negara Malaysia. 3 May 2023.
  60. ^ "Key Rate". Bank of Mauritius. Retrieved 3 February 2023.
  61. ^ "Monetary Policy Statement" (PDF). Banco de México. 30 March 2023.
  62. ^ "NBM Interest rates". National Bank of Moldova. Retrieved 11 November 2023.
  63. ^ "Monetary policy statement - 2022-05". Mongolbank. 16 December 2022. Retrieved 6 February 2023.
  64. ^ Karam, Souhail; El-Tablawy, Tarek (21 March 2023). "Morocco Hikes Rate to Extend Tightening Cycle to New Record". Bloomberg.
  65. ^ "Policy rate increases to 17.25%". Banco de Moçambique. Retrieved 5 February 2023.
  66. ^ "Repo rate increases from 7.25 to 7.75 percent" (PDF). Bank of Namibia. 14 June 2023.
  67. ^ "Official Cash Rate (OCR) set to remain restrictive". Reserve Bank of New Zealand. 24 May 2023.
  68. ^ "BCN establece TRM en 7.0 por ciento". Banco Central de Nicaragua (in Spanish). Retrieved 4 February 2023.
  69. ^ "Central Bank of Nigeria Communiqué No. 149 of the Monetary Policy Committee" (PDF). Central Bank of Nigeria. 25 July 2023.
  70. ^ Petrushevska, Dragana (20 August 2023). "N. Macedonia's c-bank raises policy rate to 6.30%". seenews.com.
  71. ^ "Policy rate raised to 4.5 percent". Norges Bank. 14 December 2023.
  72. ^ "Monetary Policy Statement" (PDF). State Bank of Pakistan. 26 June 2023.
  73. ^ "KINA FACILITY RATE FOR SEPTEMBER 2023" (PDF). Bank of Papua New Guinea. September 2023. Retrieved 15 September 2023.
  74. ^ Parks, Ken (19 January 2024). "Paraguay Slows Easing Pace With Quarter-Point Interest Rate Cut". BNN Bloomberg.
  75. ^ "MONETARY POLICY STATEMENT JANUARY 2024 BCRP REDUCED THE REFERENCE RATE TO 6.50%" (PDF). Central Reserve Bank of Peru. 11 January 2024.
  76. ^ "BSP rates". Bangko Sentral ng Pilipinas. Retrieved 16 December 2023.
  77. ^ "Poland's central bank cuts interest rates for the second time in month". Associated Press. 4 October 2023.
  78. ^ "Monetary Policy Committee Decision On Monetary Policy Instruments July 2023". Qatar Central Bank. 26 July 2023.
  79. ^ "Monetary Policy and Standing Facilities Interest Rates". Banca Naţională a României. Retrieved 6 February 2023.
  80. ^ "Bank of Russia increases key rate by 100 bp to 16.00% p.a." Central Bank of Russia. 15 December 2023.
  81. ^ "Rwanda raises interest rate to keep inflation on downward path". Reuters. 17 August 2023.
  82. ^ "Welcome to the Central Bank of Samoa - Key statistics". Central Bank of Samoa. Retrieved 23 September 2023.
  83. ^ "Key policy rate raised to 6.5%". National Bank of Serbia. 13 July 2023.
  84. ^ "Seychelles central bank cuts policy rate by 100 basis points". centralbanking.
  85. ^ "Monetary Policy Statement" (PDF). Bank of Sierra Leone. Retrieved 5 August 2023.
  86. ^ "Monetary policy stance tightened further: CBCS raises pledging rate to 5,50" (PDF). Centrale Bank van Curaçao en Sint Maarten. Retrieved 19 March 2023.
  87. ^ "Current Market Rates". South African Reserve Bank. Retrieved 26 May 2023.
  88. ^ "Monetary Policy Decision & Opening Remarks to the Press Conference (January 13, 2023)". Bank of Korea. 13 January 2023. Retrieved 2 February 2023.
  89. ^ "BoSS' Press Conference on Macroeconomic Developments". Bank of South Sudan. 23 March 2023. Retrieved 28 October 2023.
  90. ^ "Monetary Policy Review - No. 8 of 2023". Central Bank of Sri Lanka. 24 November 2023.
  91. ^ "Policy rate, deposit and lending rate". Sveriges Riksbank. Retrieved 23 September 2023.
  92. ^ "Current interest rates and exchange rates". Swiss National Bank. Retrieved 22 June 2023.
  93. ^ "Discount Rate". Central Bank of the Republic of China (Taiwan). Retrieved 23 March 2023.
  94. ^ "Monetary policy rates (% per annum)". National Bank of Tajikistan. Retrieved 30 July 2023.
  95. ^ "Monetary Policy Committee's Decision 5/2023". Bank of Thailand. 27 September 2023.
  96. ^ "CENTRAL BANK REDUCES REPO RATE BY 150 BASIS POINTS; LOWERS RESERVE REQUIREMENT BY 3 PER CENT" (PDF). Central Bank of Trinidad and Tobago. 17 March 2020. Retrieved 6 August 2023.
  97. ^ "Press Release of the BCT Executive Board Meeting Held On 30 December 2022". Banque Centrale de Tunisie. 30 December 2022.
  98. ^ "Press Release on Interest Rates (2023-45)". Türkiye Cumhuriyet Merkez Bankası. 25 January 2024.
  99. ^ "Monetary Policy Statement for August 2023" (PDF). Bank of Uganda. 15 August 2023.
  100. ^ "NBU Key Policy Rate". National Bank of Ukraine. Retrieved 16 December 2023.
  101. ^ "Interest rates and Bank Rate". Bank of England. Retrieved 4 August 2023.
  102. ^ "Federal Reserve issues FOMC statement". Federal Reserve. 26 July 2023.
  103. ^ Parks, Ken (29 December 2023). "Uruguay's Central Bank Cuts Key Rate to 9% on Tame Inflation". BNN Bloomberg.
  104. ^ "Policy rate levels". Central Bank of the Republic of Uzbekistan. Retrieved 9 February 2023.
  105. ^ "Interest Rate". State Bank of Vietnam. Retrieved 31 March 2023.
  106. ^ "Communiqué de presse de la réunion ordinaire du Comité de Politique Monétaire de la BCEAO du 6 septembre 2023". Central Bank of West African States (in French). 1 March 2023. Retrieved 6 September 2023.
  107. ^ "Monetary Policy Statement Committee". Bank of Zambia. 22 November 2023. Retrieved 26 November 2023.
  108. ^ "Zimbabwe cuts policy rate to 150% as inflation falls". The Zimbabwe Mail. 2 February 2023.