{"id":3611,"date":"2019-07-08T09:13:16","date_gmt":"2019-07-08T09:13:16","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=3611"},"modified":"2026-01-11T05:30:24","modified_gmt":"2026-01-11T05:30:24","slug":"long-term-interest-rates-wont-spike","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/07\/08\/long-term-interest-rates-wont-spike\/","title":{"rendered":"\u2018Long-Term Interest Rates Won\u2019t Spike\u2019"},"content":{"rendered":"\n<p><strong><em>By Tawanda Musarurwa Senior Business Reporter<\/em><\/strong><\/p>\n\n\n\n<p>Zimbabwe\u2019s fiscal and monetary authorities say the removal of the cap on\nbanks\u2019 lending rates will only affect short-term borrowings while long-term\nborrowers, especially corporates, remain insulated.<strong><\/strong><\/p>\n\n\n\n<p>The central bank\u2019s interest rate policy plays a key role in the\nformulation of effective monetary policy market interventions and impact on an\neconomy insofar as interest rates are determinant of the cost of capital.<\/p>\n\n\n\n<p>A fortnight ago, the central bank adjusted the interest rate on its\novernight window upwards from the circa 15 percent per annum to 50 percent per\nannum. This was meant to discourage borrowing for speculative activities on the\nparallel foreign exchange market, which was driving price volatility. <a href=\"https:\/\/www.herald.co.zw\/long-term-interest-rates-wont-spike\/\">Read\nmore\u2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Tawanda Musarurwa Senior Business Reporter Zimbabwe\u2019s fiscal and monetary authorities say the removal of the cap on banks\u2019 lending rates will only affect short-term borrowings while long-term borrowers, especially&hellip;<\/p>\n","protected":false},"author":3,"featured_media":3627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-3611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/3611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=3611"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/3611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/3627"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=3611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=3611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=3611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}