Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting, with an aim of keeping inflation below its target.

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Tanzania's central bank announced on Wednesday that it has decided to maintain the key interest rate at 6 percent for the first quarter of 2025.

Tanzania's inflation rates remained stable throughout 2024, well below the target of 5 percent in Tanzania mainland and approaching the same target in Zanzibar, a senior official said on Wednesday.

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Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting. When it launched the rate in January 2024, the bank set it at ...