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09.02.202610:10:14UTC+00Uganda Holds Key Policy Rate at 9.75%

On February 9, 2026, the Bank of Uganda left its benchmark interest rate unchanged at 9.75%, marking the sixth consecutive policy meeting without adjustment. Policymakers observed that inflation remains below the central bank’s 5% medium-term target, but warned that risks to the outlook remain elevated amid ongoing geopolitical uncertainty. Uganda’s annual inflation rate inched up to 3.2% in January 2026, from 3.1% in each of the previous two months.

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