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BoU cuts repo rate to 9.5%

by Paul Tentena 0
Emmanuel Tumusiime Mutebile, BoU Governor.
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BY OUR REPORTER KAMPALA, UGANDA- Determined to restore high economic growth rate, private sector credit and to bring about low lending rates, Bank of Uganda has reduced Central Bank Rate (CBR) to 9.5 % from the previous 10%. “The country’s economic activities are slowly ga

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