- Policy rate lowered to 3.25% as inflation drops below 3% stability threshold
- Growth outlook remains strong with 6.4% GDP forecast for 2025
Dakar, Senegal – The Central Bank of West African States (BCEAO) has lowered its benchmark interest rate for the first time in 18 months, easing to 3.25% from 3.50% as inflation subsides and economic growth remains solid across the eight-nation currency bloc.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in
