June 7, 2017 / 1:03 PM / in 5 months

West Africa BCEAO central bank holds interest rates unchanged

DAKAR, June 7 (Reuters) - West Africa’s BCEAO central bank held its benchmark interest rate unchanged at 2.5 percent, the bank’s director of monetary analysis Antonin Sourou Dossou said in a statement on Wednesday.

Economic growth in the eight-nation zone is expected to be 6.9 percent in 2017, down slightly from a previous forecast of 7 percent, but above reported levels for the two previous years. (Reporting by Diadie Ba; Writing by Emma Farge; Editing by Joe Bavier)

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