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BoU to create Standing Lending Facility for banks with short term liquidity

by Samuel Muhimba
Bank of Uganda. The Bank has increased the Cash Reserve Requirement by 2 percentage points to 10 percent, effective 23rd June 2022. Courtesy

In a bid to support monetary policy operations and keep interbank intrest rates within the Central Bank rate Band, Bank of Uganda (BoU) has approved the creation of a Standing…

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