Kigali rooftops across the hills
Kigali · RWF

Rwanda

A compact, well-governed market positioning Kigali as a regional financial centre, with an integrated regulator covering banks, insurers, pensions and microfinance.

Key indicatorsIndicative
Policy rate
Aug 2026
6.75%
Inflation (y/y)
Aug 2026
6.80%
Exchange rate
Aug 2026
1,452.0
GDP growth (proj.)
2026 proj.
7.20%
Kigali across the hills
Indicators

Rwanda by the numbers.

Policy rate
6.75%
Aug 2026 +0.00
Inflation (y/y)
6.80%
Aug 2026 +0.12
Exchange rate
1,452.0
RWF/USD · Aug 2026 +17.90
GDP growth (proj.)
7.20%
2026 proj. +0.05
91-day T-bill yield
8.60%
Aug 2026 -0.02
Banking NPL ratio
4.60%
Aug 2026 +0.02
Indicative figures from the TrippleShield research desk (Indicative — TrippleShield research desk); trend lines are modelled. Verify against official releases before relying on them.
Regulatory architecture

Who supervises what.

National Bank of Rwanda

Capital Market Authority

Financial Intelligence Centre

National Cyber Security Authority

Themes we're watching

What's on the agenda.

International financial centre

Integrated supervision

Data protection law

Fintech sandbox

Regulatory developments

Recent change in Rwanda.

Oct 2021
National Cyber Security Authority medium impact effective Effective Oct 2023

Law on the protection of personal data and privacy

Rwanda's data protection law, supervised by the National Cyber Security Authority, applies to financial institutions processing personal data, with registration and cross-border storage requirements.

Other markets

Compare with the region.