By Mary Kachepa
The Bank of Zambia (BoZ) has reduced the monetary policy rate by 25 basis points, bringing it down to 14.25 percent.
The announcement was made by the BoZ Governor Denny Kalyalya during the ongoing Fourth Quarter Media Briefing.
The rate adjustment is expected to influence lending conditions and support macroeconomic stability.
ZNBC’s Mary Kachepa
