GABORONE (Reuters) - Botswana's central bank left its benchmark lending rate unchanged at 5 percent on Tuesday, saying the outlook for price stability was positive.
"Subdued domestic demand and forecasts of (a) modest increase in foreign prices point to a positive inflation outlook in the medium term," Governor Moses Pelaelo said.
(Writing by Olivia Kumwenda-Mtambo; editing by John Stonestreet)
© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.