The Reserve Bank of Zimbabwe slashed its benchmark lending rate by 500 basis points to 30% on June 15, 2026, marking its first policy rate adjustment since introducing the Zimbabwe Gold (ZiG) currency in 2024. The central bank cited improving global conditions, particularly the U.S.-Iran interim peace deal, which helped stabilize oil prices and ease inflation expectations. Domestically, inflationary pressures have also moderated, with annual inflation slowing to 4.4% in May 2026, the lowest level in three months. The rate cut is aimed at supporting economic activity while maintaining price stability under the ZiG monetary framework. source: Reserve Bank of Zimbabwe
The benchmark interest rate in Zimbabwe was last recorded at 30 percent. Interest Rate in Zimbabwe averaged 67.89 percent from 2019 until 2026, reaching an all time high of 200.00 percent in June of 2022 and a record low of 15.00 percent in March of 2019. This page provides the latest reported value for - Zimbabwe Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Zimbabwe Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
The benchmark interest rate in Zimbabwe was last recorded at 30 percent. Interest Rate in Zimbabwe is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Interest Rate is projected to trend around 17.00 percent in 2027 and 15.00 percent in 2028, according to our econometric models.