Posted inEconomics

Bank of Uganda maintains Monetary Policy Rate at 9.75%

The Bank of Uganda (BoU) has maintained its tight monetary policy stance, keeping the Central Bank Rate (CBR) at 9.75 percent, citing persistent global and domestic economic uncertainties and heightened inflation risks. The decision was announced Tuesday following the Monetary Policy Committee (MPC) meeting, with Governor Dr Michael Atingi-Ego stating that the current policy remains […]

Gift this article