February 21, 2018 / 8:40 AM / 8 months ago

Zambia's central bank cuts lending rate by 50 bps to 9.75 percent

LUSAKA, Feb 21 (Reuters) - Zambia’s central bank cut its benchmark lending rate by 50 basis points to 9.75 percent on Wednesday, citing lower consumer inflation and weaker economic growth. (Reporting by Chris Mfula; Editing by James Macharia)

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