Exchange rates

Single-storey building with a red roof and signs for Centenary Bank's CenteAgent and dfcu Agent, plus Airtel Money and other agent notices by the door.

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

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

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

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

Weak shilling drives rise in energy prices, but not for extra-large industries

Power prices for the third quarter of this year have gone up slightly due to the shilling's weakness against the US dollar, a tariff schedule released by the Electricity Regulatory Authority shows

Shilling in now familiar territory with another record low

BoU turns to dollar sales as political warnings meet market pressure

Shilling surrenders rate-hike gains as the dollar returns

Weak shilling drives rise in energy prices, but not for extra-large industries

More Exchange rates