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Tanzania's Central Bank Keeps Policy Rate Unchanged at 5.75%

BY MT Newswires | ECONOMIC | 10/02/25 10:34 AM EDT

10:34 AM EDT, 10/02/2025 (MT Newswires) -- Bank of Tanzania (BoT) Thursday said its Monetary Policy Committee decided to leave the central bank rate at 5.75%.

Inflation in mainland Tanzania was 3.4% year over year in August, "well" within the target range of 3%-5%, while in Zanzibar it declined to 4.0% year over year from 4.2%, which was also within the target, noted BoT in its policy statement.

Foreign exchange reserves remained "high" at around US$6.7 billion at the end of September, covering more than five months of projected imports, BoT added.

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