Botswana central bank keeps rate at 7.5%

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Johannesburg - Botswana's central bank left its main lending rate unchanged at 7.5 percent on Monday, citing a positive medium-term outlook for the diamond-producing nation.

“The current state of the economy, domestic and external economic prospects, and the inflation outlook, suggest that the current monetary policy stance is consistent with maintaining inflation within the bank's 3 - 6 percent objective in the medium term,” the Bank of Botswana said in a statement. - Reuters

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