Bank of Uganda
Shilling in now familiar territory with another record low
Uganda’s shilling reached another record low on Friday, a day after the central bank resumed selling foreign currency
EIB backing targets climate-risk rules at Ugandan banks
Uganda’s green taxonomy and existing climate-risk rules move closer to implementation under EIB Global support
BoU turns to dollar sales as political warnings meet market pressure
Bank of Uganda sold foreign currency after rate rises failed to halt the shilling’s slide, despite warnings from Museveni and Ggoobi against using reserves
Shilling closes at record low a week after rate rise
Uganda’s shilling closed at Shs4,208.10 to the dollar, a record low, one week after the central bank raised its benchmark rate
Shilling surrenders rate-hike gains as the dollar returns
Uganda’s shilling erased Wednesday’s gains by Friday, with the dollar back above its opening level on the day of the Bank of Uganda’s rate increase
What the Bank of Uganda’s rise to 12 per cent means for the shilling, fuel and loans
How the Bank of Uganda's increase in its policy rate to 12 per cent could affect the shilling, pump prices, and existing loans and savings
Bank of Uganda raises benchmark rate to 12 per cent at special meeting
Uganda’s central bank lifted its rate to 12 per cent, the largest increase since 2011, and raised its inflation forecasts as the shilling weakened
Uganda ranks fourth in Absa’s markets index, held back by pensions and depth
Uganda is the only one of 26 African countries scored in both years to lose ground in Absa's financial markets index since 2022, as Kenya and Ghana close in
Shilling opens past Shs4,150 as Bloomberg reports offshore selling of bonds
The shilling has lost 12.8 per cent this year, and Absa and Alpha Capital Partners name offshore selling, corporate dollar demand and energy costsMore Bank of Uganda
Coronavirus: BoU cuts interest rates, lowers growth forecasts, offers flexibility on bad loans
The Bank of Uganda cut its benchmark interest rate by a percentage point as part of measures to mitigate the economic crisis caused by the coronavirus pandemic, and also announced actions to support the financial institutions it supervises, including a moratorium on dividends and bonus payments
Bank of Uganda postpones monetary policy meeting to Monday [Update]
The Bank of Uganda has called off its monetary policy committee meeting which was scheduled for Friday and said it will communicate a new date "soon"
Museveni replaces Doris Akol as URA head, appoints new BoU deputy governor
President Yoweri Museveni has replaced the head of the Uganda Revenue Authority, two years into her second term, and also appointed a new deputy governor for the Bank of Uganda to replace Louis Kasekende whose contract expired in January
Coronavirus: Bank of Uganda announces mitigation measures, to intervene in foreign exchange market
The Bank of Uganda has announced plans to ensure that banks and credit institutions continue to operate effectively as coronavirus roils the economy, and that it is engaging telecom companies and commercial banks to reduce transaction fees and charges
Central bank keeps benchmark lending rate steady
The Bank of Uganda on Thursday held its benchmark interest rate yet again in an effort to keep inflation down and below target, and to support economic growth
Consumer price inflation moderates in January
Uganda consumer price inflation moderated in January after striking its highest level in fifteen months in the previous month, lowering the probability that the Bank of Uganda will depart from its accommodative monetary policy when it sets interest rates later this month
Inflation ticks up to highest level since September 2018
Uganda's inflation rose to a fifteen-month high in December 2019, driven by a rise in the annual food crops and related items inflation
Bank of Uganda keeps rates unchanged to boost slowing economy
A slowdown in global economic activity and subdued domestic demand has weakened the economy and made clear the need for monetary and fiscal stimulus to support stronger growth, the Bank of Uganda has said
Consumer inflation rises to 5-month high
Uganda consumer price inflation increased for the second straight month in November, rising to its highest level in five months, boosted by a rise in core consumer prices
Bank of Uganda cuts policy rate to support economic growth
The Bank of Uganda has reduced interest rates for the first time since February 2018 in a bid to support economic growth
