© Uganda Business NewsThe central bank hewed to expectations on Tuesday, keeping its benchmark rate unchanged citing “macroeconomic stability” resulting from “coordination between monetary and fiscal policies”. The central bank added that any future adjustments to its rate would be guided by new data and assessments of the evolving risk landscape. The rediscount and bank rates were set at three and four percentage points above the benchmark rate, respectively. This means the rediscount rate is 12.75 per cent, while the bank rate is 13.75 per cent. The central bank rate is the Bank of Uganda’s policy rate, used to achieve its monetary policy objectives.