LUSAKA (Reuters) – Zambia’s central bank left its benchmark lending rate unchanged at 9.0%, Governor Denny Kalyalya told a news conference on Wednesday.
Factors influencing the decision included a sharp decline in inflation since the last monetary policy committee meeting in November and the fact that economic growth remained somewhat fragile, Kalyalya said.
(Reporting by Chris Mfula; Writing by Alexander Winning; Editing by Olivia Kumwenda-Mtambo)