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Eswatini Central Bank Hikes Rates for First Time in a Year

The Central Bank of Eswatini has raised its key interest rate, its first hike in a year. The move follows a string of rate decisions across the region as southern African central banks balance inflation pressures against supporting economic growth. Traders and analysts are watching whether other members of the Common Monetary Area, whose currencies are pegged to the South African rand, will follow suit.

Why now: Monetary policy shifts in small pegged economies draw attention as signals of regional interest rate direction

Central Bank of EswatiniEswatiniSouth African Reserve Bank

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