BOU tightens loan demand with 10.25% rate hike
Speaking to journalists during the release of the April Monetary Policy statement at BOU headquarters in Kampala, the deputy governor Michael Atingi-Ego said monetary policy tightening was necessary to further stabilise inflation.
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The deputy governor Michael Atingi-Ego speaking to journalists. (File photo)
By NewVision Reporter
Journalists @NewVision
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The Bank of Uganda (BOU) has announced a hike in the Central Bank Rate (CBR) to 10.25% from 10%, a measure the regulator says will respond