FX.co ★ Bank of Botswana Holds Benchmark Rate at 3.50% as Policy Steady into 2026

The Bank of Botswana has kept its key interest rate unchanged at 3.50%, according to the latest policy update on 26 February 2026. The decision maintains the benchmark rate at the same level as the previous reading, signaling a continuation of the central bank’s current monetary stance.

By holding the rate at 3.50%, policymakers appear to be prioritizing stability, opting not to tighten or loosen financial conditions at this stage. The unchanged rate suggests that, based on the data available at the time of the decision, the existing policy setting is seen as broadly appropriate for Botswana’s economic and inflation outlook.

The move will be closely watched by investors and businesses assessing borrowing costs and planning for the year ahead, as the Bank of Botswana balances its objectives of price stability and sustainable economic growth.