The Central Bank of Lesotho raised its benchmark interest rate by 25 basis points to 6.75% at its May 2026 meeting, reinforcing a cautious stance amid heightened uncertainty driven by multiple external shocks, with the Middle East conflict at the forefront. Headline inflation rose to 3.1% in April from 2.2% in March, driven mainly by higher transport costs. Meanwhile, economic activity remains subdued, with the Composite Indicator of Economic Activity (CIEA) recording a modest expansion in early 2026. source: Central Bank of Lesotho
The benchmark interest rate in Lesotho was last recorded at 6.75 percent. Interest Rate in Lesotho averaged 8.02 percent from 1980 until 2026, reaching an all time high of 20.42 percent in December of 1990 and a record low of 3.50 percent in July of 2020. This page provides - Lesotho Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lesotho Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
The benchmark interest rate in Lesotho was last recorded at 6.75 percent. Interest Rate in Lesotho is expected to be 6.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lesotho Interest Rate is projected to trend around 5.25 percent in 2027 and 4.75 percent in 2028, according to our econometric models.