Uganda's central bank maintains benchmark rate at 9.5 pct

KAMPALA, Feb. 6 (Xinhua) -- The Bank of Uganda (BoU), the central bank, announced Tuesday that it would maintain its policy rate at 9.5 percent, citing its continued effectiveness in controlling inflation.

In its monetary policy statement for February, the BoU said that the monetary policy stance aligns with the current assessment of inflation and growth prospects, remaining supportive of socioeconomic transformation.