Monday 9 June 2008

Botswana raises bank rate by 50 bps to 15 percent

TOKYO - FEBRUARY 09: G7 finance ministers (front row) and central bank governors (back row) pose for a group picture during the Group of Seven Finance Ministers' and Central Bank Governors' Meeting at Mita Kaigisho on February 9, 2008 in Tokyo, Japan. Front Row (L to R) Canadian Finance Minister Jim Flaherty, French Finance Minister Christine Lagarde, German Finance Minister Peer Steinbrueck, Japanese Finance Minister Fukushiro Nukaga, Italian Economy and Finance Minister Tommaso Padoa-Schioppa, British Chancellor of the Exchequer Alistair Darling, U.S. Treasury Secretary Henry Paulson and Luxembourg Prime Minister and chairman of the Eurogroup Jean-Claude Juncker. Back Row (L to R) Bank of Canada Governor David Dodge, Bank of France Governor Christian Noyer, German Bundesbank President Axel Weber, Bank of Japan Governor Toshihiko Fukui, Bank of Italy Governor Mario Draghi, Bank of England Governor Mervyn King, Chairman of the Federal Reserve Board (FRB) Ben Bernanke, European Central Bank President Jean-Claude Trichet and IMF Managing Director Dominique Strauss-Kahn.Image by Getty Images via Daylife
Reuters South Africa - Johannesburg, South Africa
JOHANNESBURG (Reuters) - Botswana's central bank lifted its bank rate by 50 basis points to 15 percent on Monday, saying risks to the inflation outlook were ...
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Posted by at 6/09/2008 09:40:00 pm
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