West Africa Central Bank raises main lending rate to 2.75%

(Headline unchanged, corrects new rate in first para to 2.75% (not 2.5%)

DAKAR (Reuters) – West Africa’s Central Bank, BCEAO, will raise its main lending rate by 25 basis points to 2.75% as of Dec. 16 partly in response to higher energy and food costs, it said in a statement on Friday.

(Reporting by Diadie Ba; Writing by Alessandra Prentice; Editing by Angus MacSwan)

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