DAKAR, Dec 9 - West Africa’s Central Bank, BCEAO, will raise its main lending rate by 25 basis points to 2.75% as of Dec. 16 partly in response to higher energy and food costs, it said in a statement on Friday.
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UKRAINE UPDATE: 9 DECEMBER 2022: EU to boost weapons aid fund by €2bn; Kyiv’s central bank holds borrowing costs at 25%The European Union is set to boost the size of a fund to finance weapons for Ukraine by at least €2-billion as early as next week and the facility could be topped up with even more money later, according to people familiar with the discussions.
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