Central Bank Decisions and Guidance
Bank of Botswana Hikes Rates by 50 Basis Points
28 Aug 2026
The Bank of Botswana raised its bank rate by 50 basis points, pushing it to the highest level since 2009, driven by rising inflationary pressures in the region.
Why it matters
Aggressive tightening in emerging markets to combat inflation can lead to increased volatility and potential capital inflows, impacting regional currency valuations.