Browsing: Bank of Uganda
KAJIADO, Kenya — The Kenyan shilling strengthened against the Ugandan shilling in the week ending October 22, 2026, reversing an earlier recovery by Uganda’s currency…
KAMPALA, Uganda — Uganda’s central bank has delivered a sharp monetary policy tightening, raising its benchmark interest rate to 12 per cent as a weakening…
ENTEBBE, Uganda — President Yoweri Museveni has rejected calls to use Uganda’s foreign exchange reserves to slow the depreciation of the shilling, arguing that the…
KAMPALA, Uganda — Uganda’s shilling has moved closer to the Shs4,000-per-dollar mark, with renewed demand for foreign currency putting pressure on the local unit. On…
KAMPALA, Uganda — For businesses that import fuel, machinery or raw materials, it is a statistic that may quietly save millions of shillings. For policymakers,…
KAMPALA, Uganda — The Bank of Uganda (BoU) has begun purchasing gold from local miners under a new three-year initiative aimed at strengthening foreign exchange…
KAMPALA, Uganda — The Uganda Shilling has continued to strengthen against the US Dollar, defying the political uncertainty that often accompanies general elections, even as…