SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »Uganda central bank warns of more rate hikes
Bloomberg The Bank of Uganda raised interest rates for a third straight meeting and signalled its willingness to boost rates further if inflation isn’t reined in. Policy makers facing the most significant cost pressures in six years lifted the benchmark rate to 9% from 8.5%. That takes the increase in borrowing costs to 250 basis points since June. “The ...
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