(Adds quotes from governor)
KIGALI, March 29 Rwanda's central bank held its
benchmark repo rate at 6.25 percent on Wednesday,
governor John Rwangombwa said.
The bank reduced the rate by 25 basis points at its last
meeting in December and Rwangobwa said that cut had not taken
full effect hence the need to maintain the policy stance.
"We expect to see this continuing to support financing of
the private sector," he told a news conference.
He said Rwandan franc was expected to depreciate by not more
than 4 per cent while inflation was likely to stand at 7 percent
by the end of 2017.
(Reporting by Clement Uwiringiyimana; Editing by Duncan Miriri)