Bank of Uganda
Uganda Shilling
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
Exchange rates
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
Explainer
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
Absa Africa Financial Markets Index
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
Foreign exchange
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 costs
Bank of Uganda
Provision releases and currency gains drive Bank of Uganda’s doubled surplus
Bank of Uganda's reported surplus doubled to Shs1.3tn ($365.5mn), but underlying earnings fell once provisions and currency gains are removed
Mobile payments
Mobile money value reaches 72 per cent of 2025 total
Mobile money transactions in Uganda were worth Shs263tn in seven months, and first-half value rose 32.5 per cent, up from 31.2 per cent a year earlier
Foreign exchange