Veytics Intelligence
2026-11-12 · CO

Business: BOU holds rates steady as it weighs Middle East co - NewVision.co.ug

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________________ The Bank of Uganda (BOU) kept its key interest rate unchanged on Thursday as it weighs the impact of higher global oil prices triggered by conflict in the Middle East. BOU Governor Michael Atingi-Ego and the Monetary Policy Committee decided to leave the Central Bank Rate (CBR) at 9.75%, saying the current setting still fits the economic picture even with fresh risks from energy costs. Help us improve! We're always striving to create great content. Share your thoughts on this article and rate it below.

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