Interest Rate in DR Congo

DR Congo Interest Rate | Economic News & Forecasts

DR Congo - Interest Rate

Growth appeared to slow in the second quarter, as heightened trade tensions likely took their toll on the export-oriented economy. While average activity in the all-important mining sector gathered momentum in Q2, the rise in production was countered by lower global prices for base metals owing to an escalation in U.S.–China trade war tensions in May. This, coupled with falling gold and oil output in Q2, likely weighed on merchandise exports in the quarter. Meanwhile, the World Bank is considering to give as much as USD 5 billion to the country over the next five years. Additional financing would be a welcome boost for President Felix Tshisekedi’s costly social programs, although it would be dependent on the government committing to fiscal consolidation and a liberalization agenda.

DR Congo - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)-     -     -     -     -     

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Note: Monetary Policy Rate in % (eop).
Source: Central Bank of Congo

DR Congo Facts

Exchange Rate1,665-0.78 %Nov 21
Stock Market0.60.0 %Nov 21

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