Posted inEconomics

BoU holds key lending rate at 9.75% as inflation stays below target

Kampala. The Bank of Uganda (BoU) has maintained its benchmark lending rate at 9.75 percent, citing subdued inflation and steady economic growth amid persistent global uncertainty. In a monetary policy statement issued on Monday, the central bank said the current policy stance remains appropriate to support economic activity while ensuring inflation stabilises around its medium-term […]

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