Uganda Central Bank Keeps Interest Rates Steady Amid Inflation Concerns
3 months ago
The Bank of Uganda has decided to maintain its benchmark interest rate at 10.0%, a decision that reflects the central bank's cautious stance as it navigates various inflationary risks. This strategic hold marks a critical point for the country's economic policy as it strives to balance stimulating growth while combatting rising inflation pressures.
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Uganda Slashes Key Interest Rate Again in Bold Economic Move
7 months ago
In a decisive move to bolster its economic landscape, Uganda has reduced its key interest rate for the second consecutive time. This decision comes amidst rising concerns regarding the country's economic growth trajectory and the impact of external factors on its financial stability. The central bank's action reflects a strategic attempt to spur borrowing, investment, and consumer spending.
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