UGANDA, Kampala | Real Muloodi News | Bank of Uganda raised the Central Bank Rate (CBR) by a percentage point on Thursday to 7.5 per cent, in an effort to combat rapidly increasing inflation. While addressing a press briefing in Kampala, Michael Atingi-Ego, the Deputy Governor at the Bank of Uganda, told reporters that inflationary pressure had reached 6.3 … Continue reading BoU Increases Central Bank Rate in an Effort to Fight Inflation