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Economy
Bank of Uganda’s Monetary Policy Statement for March 2024 — Full text
On 6 March 2024, a special meeting of the Bank of Uganda's Monetary Policy Committee increased the Central Bank Rate to 10 per cent
March 8, 2024
Economy
Interest rates raised by 0.5% to stem shilling’s slide
The central bank raised its key interest rate at an emergency meeting to stem a “sharp depreciation” of the shilling caused by offshore investor outflows and in the wake of resurgent inflation
March 6, 2024
Economy
BMI forecast: Interest rates to fall by 1% by year-end
Bank of Uganda will keep policy rate at 9.5% in first half of year due to rising inflation, but will cut by 1% by the end as inflation stabilises below target
February 12, 2024
Economy
Bank of Uganda’s Monetary Policy Statement for February 2024 — Full text
The Bank of Uganda's Monetary Policy Committee kept its benchmark interest rate unchanged at 9.5 per cent at its meeting on 6 February
February 7, 2024
Economy
BoU keeps rates on hold, raises inflation forecast
Bank of Uganda said that economic activity continues to strengthen, although the weakening shilling could lead to a modest increase in inflationary pressures
February 6, 2024
Economy
BoU’s Monetary Policy Statement for December 2023 — Full text
BoU's monetary policy committee maintained the central bank rate at 9.5 per cent
December 6, 2023
Economy
Bank of Uganda maintains policy rate at 9.5%
Central bank kept its key policy rate unchanged, as well as the rediscount rate and the bank rate
December 6, 2023
Economy
Inflation edges up for first time since February
Inflation rose for the first time in ten months in November, driven by an increase in services prices, although the closely watched core consumer prices indicator was unchanged
November 30, 2023
Economy
Monetary Policy Statement for October 2023: BoU’s full statement
On 5 October 2023, Bank of Uganda's Monetary Policy Committee maintained the Central Bank Rate at 9.5 per cent
October 5, 2023
Economy
Bank of Uganda keeps policy rate on hold as inflation eases
The central bank on Thursday kept its policy rate unchanged, stating that its current policy stance aligns with its inflation outlook and supports economic growth
October 5, 2023
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