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Bank of Uganda reduces lending rate
Bank of Uganda deputy governor Michael Atingi-Ego on Tuesday, August 15, 2023, in a statement said the MPC decided to lower the CBR to 9.5% aiming to stimulate economic activity while maintaining inflation around the target.
Bank of Uganda reduces lending rate
By: NewVision Reporter, Journalists @NewVision
The Monetary Policy Committee (MPC) at the Bank of Uganda has lowered the Central Bank Rate (CBR) to 9.5% from 10%.