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.
The BoU in its monetary policy statement for February said based on the uncertainty surrounding the economic outlook, the current CBR would contain domestic demand pressures, while accommodating and supporting economic recovery.
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