Bank of Uganda to make rate decisions quarterly
Central bank lowers frequency of policy meetings from six times a year
The Bank of Uganda announced on Monday (January 6) that it would lower the frequency of its monetary policy meetings to four times a year. The meetings previously took place once every two months.
This year the central bank will set rates in February, May, August and November.
In a statement, the Bank of Uganda said the change would enable the monetary policy committee to conduct more comprehensive economic analysis and use additional data to enhance make more accurate forecasts.
The bank last made
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