By John Kibirige
Bank of Uganda has cut the Central Bank Rate to 17% from 19%.
The move is aimed at stimulating economic recovery through lower commercial bank lending rates.
The Bank of Uganda (BoU) in July cut its benchmark lending rate from 20% to 19%.
BoU in June eased its monetary policy stance and reduced the Central Bank Rate (CBR) to 20 percent from 21 percent in May.