{"id":20934,"date":"2023-01-28T11:12:44","date_gmt":"2023-01-28T11:12:44","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75"},"modified":"2023-01-28T11:34:26","modified_gmt":"2023-01-28T11:34:26","slug":"central-bank-increases-bank-rate-to-6-75","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75","title":{"rendered":"Central Bank increases bank rate to 6.75%"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eswatini. <\/strong><\/span><b>EmaSwati are set to feel more pain in the coming months as the Central Bank of Eswatini (CBE) on Friday hiked the bank rate once again by 25 basis points, taking the repurchase rate to 6.75 per cent from 6.5 per cent.<\/b><\/p>\n<p>This means that the prime lending rate in the country will increase from 10.0 per cent to 10.25 per cent. CBE Governor Dr Phil Mnisi said the changes will come into effect from 28 January 2023.<\/p>\n<p>Way ahead of the Monetary Policy Consultative Committee (MPCC) The Eswatini Financial Times reported on January 20, 2023, that many economists predicted a hike of between 25 \u2013 50 basis points.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eswatini\">Eswatini<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eswatini. EmaSwati are set to feel more pain in the coming months as the Central Bank of Eswatini (CBE) on Friday hiked the bank rate once again by 25 basis points, taking the repurchase rate to 6.75 per cent from 6.5 per cent. This means that the prime lending rate in the country [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":20933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,248,249],"class_list":["post-20934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central Bank increases bank rate to 6.75% - Eswatini<\/title>\n<meta name=\"description\" content=\"EmaSwati are set to feel more pain in the coming months as the Central Bank of Eswatini (CBE) on Friday hiked the ban ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank increases bank rate to 6.75%\" \/>\n<meta property=\"og:description\" content=\"EmaSwati are set to feel more pain in the coming months as the Central Bank of Eswatini (CBE) on Friday hiked the ban ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-28T11:12:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-28T11:34:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2023\/01\/postQueueImg_1674891821.50.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Central Bank increases bank rate to 6.75%\",\"datePublished\":\"2023-01-28T11:12:44+00:00\",\"dateModified\":\"2023-01-28T11:34:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75\"},\"wordCount\":115,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2023\/01\/postQueueImg_1674891821.50.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/central-bank-increases-bank-rate-to-6-75\",\"name\":\"Central Bank increases bank rate to 6.75% - 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