By Gerald Businge on June 16, 2015
CBR, Central Bank, Central Bank Rate, inflation, Monetary Policy, Prof. Emmanuel Tumusiime Mutebire
Business & Economics, Business & Finance, Business news, Finance
With the continued depreciation of the local currency against the dollar, among other foreign currencies since the beginning of this year, which in turn has caused high inflation on the economy, the Central Bank has deemed it fit to raise the Central Bank Rate (CBR) by 1% point to 13% for the month June 2015 as an intervention […]
By Gerald Businge on September 6, 2011
Bank of Uganda, Central Bank Rate, Dr. Louis Kasekende
Latest Uganda News
Bank of Uganda has raised the Central Bank Rate (CBR) by 2% with the aim of tightening monetary policy in the country and deal with inflation. BOU deputy governor Dr Louis Kasekende says the CBR which was raised to 14% in July, has shown signs of decreasing inflation. Dr Kasekende says this has forced BOU […]
