Tag Archives: bank rate

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has opted to keep the Central Bank Rate at a high 10.25 per cent for the next two months, following a renewed rise in inflation. The CBR is an indicative interest rate that the Central Bank uses to influence the cost …

Kampala, Uganda | THE INDEPENDENT |  Bank of Uganda has decided not to further tighten money circulation in the economy by maintaining the Central Bank Rate at 10 percent. This decision by the Monetary Policy Committee was based on the fact that inflation is starting to slow down from the …