Bank of Uganda maintains lending rate at 9.75% as Middle East conflict raises inflation risks

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The Bank of Uganda has maintained the Central Bank Rate at 9.75 percent, citing rising inflation risks linked to the ongoing conflict in the Middle East even as Uganda’s economy continues to register strong growth. Announcing the decision on Thursday after a meeting of the Monetary Policy Committee held on May 14, Governor Michael Atingi-Ego […]The post Bank of Uganda maintains lending rate at 9.75% as Middle East conflict raises inflation risks appeared first on Eagle Online.