KAMPALA (Reuters) – Uganda’s central bank on Tuesday maintained its key lending rate at 6.5 despite a rise in inflation.
It is the fifth time since June last year Uganda is leaving the rate unchanged. In deciding on a hold, Uganda has followed the path of Kenya which last month also stayed the course despite inflationary pressures.
(Reporting by Elias Biryabarema; Editing by James Macharia Chege)
