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CSBAG response to the Bank of Uganda Monetary Policy Statement-January 2014-

HOW MUCH OF IT IS CONTROLLED BY THE CENTRAL BANK RATE ?

The monthly decline in headline and core inflation can be attributed to the monthly appreciation of the shilling by 2.1% from December 2013 to January 2014, putting the shilling at UGX 2,475.2; the strongest it has been since June 2012. The impact of restrained demand due to high lending rates, averaging at 22.59% in December 2013,… Download a full document here>>>CSBAG response to the Bank of Uganda Monetary Policy Statement-January 2014

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