The Central Bank of Eswatini (CBE) raised its discount rate by 25 basis points to 7.0% at its September 2026 meeting, as widely expected. The increase marked the first rate hike in more than a year, amid heightened inflation risks stemming from elevated energy prices linked to tensions in the Middle East. CBE Governor Phil Mnisi said the decision reflected global, regional and domestic economic developments, while remaining consistent with the Bank’s mandate to safeguard price and financial stability. The CBE also said commercial banks are expected to raise their prime lending rate on loans to individuals and businesses to 10.50% until the next monetary policy meeting. source: Central Bank of Swaziland
The benchmark interest rate in Swaziland was last recorded at 7 percent. Interest Rate in Swaziland averaged 6.66 percent from 2005 until 2026, reaching an all time high of 11.50 percent in April of 2008 and a record low of 3.75 percent in July of 2020. This page provides - Swaziland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Swaziland Interest Rate - values, historical data and charts - was last updated on October of 2026.
The benchmark interest rate in Swaziland was last recorded at 7 percent. Interest Rate in Swaziland is expected to be 7.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Swaziland Interest Rate is projected to trend around 6.75 percent in 2027 and 6.25 percent in 2028, according to our econometric models.