Interest Rate in Zambia
Zambia - Interest RateThe economy likely lost traction in the fourth quarter of 2018 following a robust third quarter. Exports contracted in Q4 for the first time in two years amid slowing global growth. Moreover, private sector activity appears to have deteriorated again in January, as the PMI remained in negative territory against the backdrop of higher fuel prices and a weak kwacha. In the political arena, as part of efforts to reduce public debt levels, the government announced plans to introduce a copper import duty, along with a royalty on copper production that rises with commodity prices. In addition, the nation’s state-owned electricity provider, in collaboration with the government, is planning a USD 500 million bond program to pay off debts owed to independent power suppliers.
Zambia - Interest Rate Data
|Policy Interest Rate (%)||9.75||12.50||15.50||15.50||10.25|
5 years of economic forecasts for more than 30 economic indicators.
Zambia Interest Rate Chart
Source: Bank of Zambia
|Bond Yield||26.00||0.0 %||Mar 11|
|Exchange Rate||12.02||0.0 %||Mar 11|
|Stock Market||0.1||0.0 %||Mar 11|
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