Uganda central bank holds rates, says price pressure from oil hasn't spread
Published on: Wednesday 12 August 2026
By Elias Biryabarema KAMPALA, Aug 13 (Reuters) - Uganda's central bank maintained its key lending rate on Thursday, saying higher oil prices had not triggered broader price pressures so far. • The rate was held at 9.75% for the eighth consecutive policy meeting in a row. • Headline inflation in the East African country rose to 4.0% year-on-year in July, up from 3.7% in the previous month. • "