Niger policy interest rate
Main policy rate of the Central Bank of West African States (BCEAO), applied identically across all 8 WAEMU member states including Niger: the minimum bid rate at liquidity-injection auctions.
| Current value | 3 % |
|---|---|
| In force from | 2026-03-16 |
| Official source | BCEAO — Communiqué de presse, réunion ordinaire du Comité de Politique Monétaire du 4 mars 2026 (baisse de 25 pdb des taux directeurs à compter du 16 mars 2026) |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Niger has no national central bank; monetary policy is set by the BCEAO for the whole UEMOA/WAEMU. The CPM of 4 March 2026 cut the taux minimum de soumission from 3.25% to 3.00% and the marginal lending window (guichet de prêt marginal) from 5.25% to 5.00%, both effective 16 March 2026; reserve requirement held at 3.0%. Rate reconciles exactly with the live Côte d'Ivoire and Senegal files (3.00% / 2026-03-16). Note: Niger (with Mali and Burkina Faso, the AES states) withdrew from ECOWAS in January 2025 but REMAINED a member of UEMOA and the BCEAO — verified; the union-wide rate therefore still applies. Context from the communiqué: union-wide deflation of -0.8% in Q4 2025, inflation projected to recover to 1.4% in 2026.
Get it programmatically
curl https://afriref.dev/v1/ne/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/ne/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/ne/policy-rateOther Niger series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates