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Uganda's central bank left its Central Bank Rate (CBR) unchanged at 10.0 percent, saying inflation has developed in line with its forecast and conditions for inflation to remain close to its target of 5.0 percent in next 2 to 3 years have not changed to any great extent.
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'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 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.
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