Interest Rate in DR Congo

DR Congo Interest Rate | Economic News & Forecasts

DR Congo - Interest Rate

The 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

2013  2014  2015  2016  2017  
Policy Interest Rate (%)2.00  2.00  2.00  7.00  20.00  

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

DR Congo Facts

ValueChangeDate
Exchange Rate1,647-0.78 %Mar 11
Stock Market0.10.0 %Mar 11

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