Uganda's Central Bank Keeps Policy Rate at 9.75% on Global Uncertainties, Inflation Risks

BY MT Newswires | ECONOMIC | 08/12/25 10:11 AM EDT

10:11 AM EDT, 08/12/2025 (MT Newswires) -- Uganda's (BoU) Tuesday said the Monetary Policy Committee (MPC) decided to keep the Central Bank Rate (CBR) at 9.75% due to the persistent global economic uncertainty from trade dynamics and geopolitical tensions.

"Given the global uncertainties and elevated risks to inflation, the MPC has opted for a cautious monetary policy stance, maintaining the CBR at 9.75%," wrote the BoU in its policy statement.

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