Uganda holds key rate, sees inflation hitting target by year-end
Central bank says inflation is expected to decline to the five percent target by the end of 2023.
Source: theeastafrican.co.ke
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Central bank says inflation is expected to decline to the five percent target by the end of 2023.
Uganda's central bank maintains benchmark rate at 10 pct-
KAMPALA, Feb. 6 (Xinhua) -- The Bank of Uganda (BoU), Uganda's central bank, on Monday left the Central Bank Rate (CBR) at 10 percent for the second time, saying it is still effective to control the rise in inflation, bring stability in lending rate, exchange rate and drive economic growth.
Uganda Commercial Bank