Uganda central bank holds rate at 10% on improved inflation outlook
Uganda's central bank kept its Central Bank Rate (CBR) at 10.0 percent, saying the outlook for inflation has improved slightly though risks to the outlook remain elevated.
Uganda
Uganda central bank raises rate by 100 bps to 10%, on growing inflation pressure
Uganda's raised its Central Bank Rate (CBR) by 100 basis points to 10.0 percent as inflationary pressures are now higher than expected due to rapidly rising oil prices, a weaker exchange rate of the shilling and an array of indirect taxes on mobile money transactions and voice and messaging services over the internet.
Uganda's central bank holds rate but sees rising inflation, strong growth
Uganda's central bank kept its benchmark Central Bank Rate (CBR) at 9.0 percent, saying a neutral monetary policy stance is warranted in order to keep inflation close to target and maintain sustainable economic growth.
Fitch Affirms Uganda at 'B+'; Outlook Stable
Fitch Ratings has affirmed Uganda's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.
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