Uganda: Bank of Uganda Cuts Key Rate As Banks Play Game of Wait-and-See

Bank of Uganda has reduced its key lending rate to 10 per cent from 11.5 per cent, although its officials said it is not automatic that the commercial banks, which look to the rate for guidance, will also make the same adjustment. For as long as economic activity remains sluggish, experts say banks will remain cautious…

afrika54news

ACTUALITÉ AFRICAINE À TOUTE HEURE

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