Interest rate decision · Rwanda
Rwanda Interest Rate Decision
The Rwanda Interest Rate Decision is the central bank's announcement of its main policy rate, its policy rate. It is the price of money in Rwanda: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
- الأهمية
- Medium
- صدر
- Quarterly
- الإصدار التالي
أحدث الأرقام
صدر آخر إصدار في 2026-08-27 وجاء عند 8.75%. هذا أعلى من 8.25% في المرة السابقة.
خلال آخر 5 إصدارات تراوح بين 6.50% و8.75%، بمتوسط 7.50%. ظل يرتفع لثلاثة إصدارات متتالية.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 27 Aug 2026 | – | 8.75% | – | 8.25% |
| 21 May 2026 | – | 8.25% | – | 7.25% |
| 19 Feb 2026 | – | 7.25% | – | 6.75% |
| 20 Nov 2025 | – | 6.75% | – | 6.75% |
| 13 Feb 2025 | – | 6.5% | – | 6.5% |
لماذا يهم
No release moves markets more directly. The rate decides what holding the the local currency pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.
طريقة الحساب
There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.
Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gapما تعنيه التغيرات
- Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
- Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
- Look at the vote split: dissents in one direction often foreshadow the next move.
- A hike or hawkish hold usually lifts the the local currency and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.
أعلى من المتوقع: A higher rate than expected (or a hawkish surprise) usually lifts the the local currency and bond yields and weighs on stocks.
أقل من المتوقع: A lower rate than expected usually weakens the the local currency, lowers bond yields and supports stocks.
لمحة تاريخية قصيرة
Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.
الأسئلة
What is the Rwanda Interest Rate Decision?
The Rwanda Interest Rate Decision is the central bank's announcement of its main policy rate, its policy rate. It is the price of money in Rwanda: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.
What was the latest Rwanda Interest Rate Decision?
8.75%, published on 27 August 2026.
When is the next Rwanda Interest Rate Decision?
On Thursday 26 November 2026 at 09:30 UTC.
When is the Rwanda Interest Rate Decision announced?
On the dates of the central bank's scheduled policy meetings, published a year in advance; the calendar above shows the next one.
Why do markets move before the decision?
Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.