The National Bank of Rwanda (BNR) has further lowered the central bank rate (CBR) by 50 basis points to 6.5 percent. Central Bank Governor, John Rwangombwa said that this is…
Rwanda central Bank
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The National Bank of Rwanda (BNR) revealed that Rwanda’s economy has remained resilient in the first half of the year, though climate change impacts agriculture and market prices remain the…
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Economy
Rwanda Economy Resilient, But Little Respite From High Inflation Until End 2023
by Vincent Gasana 10:17 amRwanda’s economy is holding its own, despite adverse global winds, and has the resilience to weather the unfavourable climate, until those winds begin to blow fair. That is the verdict…
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Technology
Meet Intumwa Chatbot, Your Friend, If Your Financial Services Provider Isn’t.
by Vincent Gasana 3:31 pmIf you thought your bank was a little too blasé about responding to your complaint, help is at hand. Consumer protection just got more robust. Say hullo to Intumwa Chatbot.…
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Companies
Higher Interest Rates As Central Bank Pulls All The Levers To Tame Rising Inflation
by Vincent Gasana 1:21 pmThere is steady growth, but it is dragged down by the weight of rising inflation, largely due to global factors. That is what the monetary policy committee has divined, from…
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Economy
Rwandan Economy: Challenges Remain, But We See Green Shoots of Recovery
by Vincent Gasana 12:45 pmThe National Bank of Rwanda (BNR)’s statutory quarterly Monetary Policy Committee (MPC) met yesterday, 12th May, to read the runes on economic prospects, as the country, and the world, struggles…
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Economy
Central Bank Re-Opens Rwf20billion Bond for Capital Market Development
by Daniel Sabiiti 3:01 pmThe National Bank of Rwanda (NBR) has announced plans to reopen a 20-year treasury bond to consolidate and raise long term capital for government projects in the post COVID-19…
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National
BNR Maintains the Central Bank Rate at 4.5% to Boost Economic Recovery
by Edmund Kagire 7:04 pmThe National Bank of Rwanda (BNR) has maintained the Central Bank Rate at 4.5 percent in a bid to support economic recovery, as countries around the world look to rebound…
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Economy
COVID-19 Drove Rwanda’s Cashless Economy, Drop in Counterfeits – BNR Report
by Daniel Sabiiti 5:53 pmThe National Bank of Rwanda (BNR) has released its annual report that shows the banking sector having had a successful year, despite the economy slowing down due to the new…
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With the economy showing good signs, Rwanda Government through Central Bank has returned to the market with the reopening of Rwf15 billion Treasury bond. The bond, which will be rediscounted…
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Rwanda’s Central Bank (BNR) announced on Tuesday it will maintain its key repo rate at 6% for the next three months down from 6.25%. Central Bank Governor John Rwangombwa…