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Nov 2017 1 result
12:55
12:55

BoU Persuading Commercial Banks to Reduce Interest Rates - Mutebile central bank rate 1 1

Bank of Uganda BoU Governor Emmanuel Tumusiime-Mutebile has said that the central bank has been and continues to persuade commercial banks to lower interest rates. Mutebile says for the last three years BoU has been reducing Central bank Rate CBR but commercial banks have not moved in tandem with central bank in reducing interest rates.
Nov 2017 1 result