Ugandan Central Bank Maintains Interest Rate at 9.75% Amid Economic Calm
The Bank of Uganda has opted to maintain its benchmark interest rate at 9.75%, opting for stability in its latest monetary policy decision. The announcement on May 13, 2025, reflects a continuation of the current monetary policy stance, as the central bank assesses the broader economic landscape.
With no change from the previous rate, which has been steady at 9.75%, this decision suggests that the Ugandan economy is experiencing a period of relative equilibrium. The central bank's decision indicates confidence in the current economic conditions, aiming to foster controlled growth while monitoring any potential inflationary pressures.
As Uganda navigates through its economic challenges and opportunities, maintaining the interest rate offers a consistent framework that financial markets and investors can operate within. This steady approach from the Bank of Uganda could help in providing a predictable backdrop for both domestic and foreign investments, crucial for fostering economic development in the region.
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