Key data points
Last release
—
Observation period
Jul 2025
Next release
—
Forecast
—
Highest
20.42 % on Dec 31, 1990
Lowest
3.50 % on Oct 31, 2021
About Lesotho Interest Rate
In Lesotho, benchmark interest rates are set by the Monetary Policy Committee (MPC) of the Central Bank of Lesotho (CBL). The official interest rate since December 2015 is the Central Bank Policy Rate, which replaced the 91-day Treasury Bill (TB) rate.
Related indicators
Frequently Asked Questions
Lesotho Interest Rate is 7% at the moment.
Last month Lesotho Interest Rate was 7%, and the month before it reached 7%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.