Bank of Uganda retains CBR at 11.5% in January 2014

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By Patrick Kagenda The festive season may have ended with the biggest spending by the ordinary Ugandan, however the central bank has retained its CBR at the December rate of 11.5%. Now financial industry experts say after a period of lull activity, the economy is showing signs of warming up to the BOU rate cuts following recent economic reports showing optimism that things are looking up. At