Interest Rate in DR Congo
DR Congo - Interest RateThe political situation remains tense following the disputed victory of Felix Tshisekedi in the 30 December presidential election. While leaders at the African Union Summit welcomed Tshisekedi, runner-up Martin Fayulu continued to call for a rematch. Risks of another eruption of ethnic violence remain high, following December’s bloodshed. Meanwhile, on the economic front, the country’s new mining code—signed into law last March and mandating markedly higher royalties—risks a downturn in the sector. Despite opposition from international mining giants, the government has ruled out any negotiations to modify the law. Higher operating costs and lower cobalt prices led Glencore to announce job cuts at the outset of February.
DR Congo - Interest Rate Data
|Policy Interest Rate (%)||2.00||2.00||2.00||7.00||20.00|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of Congo
DR Congo Facts
|Exchange Rate||1,647||-0.78 %||Mar 11|
|Stock Market||0.1||0.0 %||Mar 11|
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