Monetary Policy Committee (MPC) Statement of the 28th July, 2020

Since the May 22 meeting of the Central Bank of Lesotho’s (CBL’s) Monetary Policy Committee (MPC), the outbreak of the coronavirus pandemic continues to devastate communities and disrupt economic activities in many countries across the globe, more especially in major and developing economies. According to the International Monetary Fund’s (IMF’s) June 2020 World Economic Outlook (WEO), global economic growth is expected to contract by 4.9 per cent in 2020, compared to an earlier projection of 3 per cent in April 2020. 


Financial Indicators

07 August 2020

Loti / US Dollar       17.4977
Loti / Euro 20.7032
Loti / Pound 22.9167
Loti / SDR                                            24.7214

Monthly Inflation (%) 2019 to 2020

Net International Reserves