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Uganda lending rate

Central Bank increases lending rate to 14% as a monetary tool

The central bank governor, Prof. Emmanuel Mutebire has today announced a 1% increment in the central bank lending rate which now moves the rate from 13% to 14% this month with the aim of cracking down on the growing inflation in the country. The CBR rate is a tool used by central bank to control inflation but the governor says he will continue […]

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