The Central
Bank of Zambia
We maintain Zambia's price & financial system stability to foster sustainable economic development
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Key Indicators
Annual inflation for Dec 2025 increased to 11.2 percent from 10.9 percent recorded in Nov 2025.
Next Update: 18 Feb 2026
The MPC lowered the Policy Rate by 25 basis points to 14.25 percent on November 12, 2025.
Next Update: 17 March 2026
The rate at which commercial banks can borrow from BoZ overnight decreased to 30.75%.
As at: 29 Dec 2025
The average rate at which commercial banks lend to each other overnight remained unchanged.
As at: 15:30 22 Dec 2025
Markets & Securities
Last updated: 15:00 20 December 2025The Latest from the Central Bank
Public Notice: Genesis Finance Verification of Depositors
Genesis Finance Limited (In liquidation) will be conducting a Verification exercise at the depositors of the Zambian Money Market Association effective 14th March 2025.
Monetary Policy Committee Statement November 2025
The Monetary Policy Committee, at its November 13-14, 2025 meeting, decided to lower the Monetary Policy Rate by 50 basis points to 9.25 percent.
Latest Publications
Monetary & Financial Statistics
Statistics Unit
This document provides the various monetary and financial statistics produced by the Bank of Zambia on a weekly basis.
Targeted Medium-Term Refinancing Facility Report
Financial Markets Unit
This report provides an update on the liquidity to Financial Service Providers (FSPs) for onward lending to businesses.
International Investment Position
Economics Unit
Bank of Zambia (BoZ) is continuously enhancing the availability, accessibility and use of relevant economic data.
Financial Stability Report Q3 2025
Financial Stability Unit
This report assesses the stability of the Zambian financial system and identifies potential risks to financial stability.