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Live News CENTRAL_BANK ARTICLE M impact

Uganda Central Bank Raises Key Lending Rate by 225 Basis Points to 12.0%

The governor said the emergency policy meeting was called in response to a sharp depreciation of the shilling.

USDUGX

0%, the governor said on Wednesday. The move followed an emergency policy meeting convened in response to a sharp depreciation of the local shilling currency FX_IDC:USDUGX.