Government Signals Interest Rate Hikes as Forex Reserves Plummet
September 5, 2025- Despite signs of economic growth in 2025, the country faces a serious foreign exchange shortage affecting businesses and citizens alike.
The Central Bank Governor has indicated potential interest rate increases as a response to the declining forex reserves, aiming to stabilize the financial landscape amid ongoing challenges.
Economic forecasts reveal a complex scenario, balancing growth prospects with the urgent need to address currency pressures.
