Rwanda's economy grows 10.6% as reserves reach $2.27 billion
The National Bank of Rwanda says the economy expanded faster in 2025/26, while the central bank raised its policy rate to 8.25%.
Rwanda's economy grew 10.6% in 2025/26, up from 5.7% a year earlier, according to the National Bank of Rwanda's Annual Integrated Report for 2025/26. Foreign exchange reserves stood at $2,272.79 million over the same period.
The report also shows average annual inflation rising from 5.7% to 9.2%, and the Rwandan franc losing 2.28% against the US dollar during the year. The international trade deficit narrowed by 2.8%.
The central bank raised its policy rate from 6.5% to 8.25%. The share of adults borrowing through financial institutions rose from 44% to 48.01%. Banks' capital adequacy ratio edged up to 22%, against a 15% minimum.
Why it mattersAdults borrowing through financial institutions rose from 44% to 48.01%, while the policy rate rose from 6.5% to 8.25%, which affects the cost of new loans.