Inflation Control

Kenya’s central bank cuts lending rate to 11.25 percent, aiming to tackle inflation, spur growth and boost private sector lending.

The Central Bank of Nigeria has injected $148 million into the forex market to stabilize the naira and support economic sectors, distributing funds to 29 authorized dealers.

South Africa’s central bank warns of a bumpy road ahead for controlling inflation, acknowledging slower progress than expected in bringing inflation down to its target range. The bank is keeping …