Bank of Uganda cuts interest rate by 25 basis points

By Aya Anwar On Aug 7, 2024

Bank of Uganda Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10 per cent. The decision was announced during the reading of the Bank of Uganda Monetary Policy Statement press conference on Wednesday.

Attribution: MPC Reading of the Monetary Policy Statement for August 2024

HAPPENING NOW: The reading of the Bank of Uganda Monetary Policy Statement (MPS) for August 2024.
Watch the statement live here: https://t.co/VbuYzfSUg1 #BoUCBR

— Bank of Uganda (@BOU_Official) August 7, 2024

Bank of Uganda Central Bank Rate (CBR)Uganda Uganda Monetary Policy Committee (MPC)