Bank of Uganda

What’s driving recent inflation and what does the outlook look like? Governor Michael Atingi-Ego explains how an extended drought pushed food crop inflation into double digits. However, recent improved rains offer optimism for agricultural output and easing food prices ahead. Watch the full video on our YouTube channel! youtube.com/live/AcKAgp3yLG0… #MPS2026

Governor Michael Atingi-Ego explains how anticipated oil revenues of $4 billion to $4.5 billion annually offer a vital opportunity to fund the Tenfold Growth Strategy. He emphasizes that strategic reinvestment into value addition, Science, Technology, and Innovation (STI) allows Uganda to add value to its exports. By earning more foreign currency per unit and boosting productivity across all sectors, the economy builds lasting protection against global price shocks and currency pressures. Watch the full video on our YouTube channel! youtube.com/live/AcKAgp3yLG0… #MPS2026 #BoUConnects

Bank of Uganda Opening foreign exchange rates for Friday, 13 November, 2026. To access more UGX exchange rates against other currencies :bou.or.ug/interest_rates_exc…

Deputy Governor Prof Nuwagaba called upon financial inclusion stakeholders to consider whether access to finance is helping businesses invest, households withstand shocks, and underserved groups improve their economic prospects. “Financial services may be available, but they are often too costly, difficult to understand, or inadequately tailored to customers’ needs. Many individuals use financial accounts primarily to receive and withdraw funds, with limited uptake of savings, insurance, pension, and investment products. Our task is to deepen financial inclusion so that access translates into sustained usage, sound financial decision-making, and improved livelihoods. Ultimately, this will ensure that Ugandans not only have access to appropriate financial services but also use them effectively to build resilience and enhance their quality of life,” @ProfNuwagaba said. This was at the Financial Inclusion and Financial Literacy Forum 2026 held by the Bank of Uganda together with the Ministry of Finance, Planning and Economic Development (@mofpedU) today at the Four Points by Sheraton Hotel, Kampala. Read his full speech here: bou.or.ug/uploads/Annual_Fin…

MONETARY POLICY FAQs | November 2026 Why did the Bank of Uganda maintain the Central Bank Rate (CBR) at 12.0%? What is driving inflation, and what does the latest monetary policy decision mean for borrowers, savers, and the wider economy? Our November 2026 Monetary Policy FAQs explain the Bank's decisions, the outlook for inflation and economic growth, and what these developments mean for Ugandans. Understand the decisions. Know what they mean for you. #BoUConnects

Bank of Uganda Opening foreign exchange rates for Thursday, 12 November, 2026. To access more UGX exchange rates against other currencies :ow.ly/yo3i5105XXq

How can inclusive finance drive meaningful economic growth? Join us tomorrow, 12 November, for the Financial Inclusion and Financial Literacy Forum 2026, where experts will discuss access to finance, technology, and financial literacy. Watch live: youtube.com/watch?v=eTsnbNdg… #BoUConnects

How can inclusive finance drive meaningful economic growth? Join us tomorrow, 12 November, for the Financial Inclusion and Financial Literacy Forum 2026, where experts will discuss access to finance, technology, and financial literacy. Watch live: youtube.com/watch?v=eTsnbNdg… #BoUConnects

Bank of Uganda Opening foreign exchange rates for Wednesday, 11 November, 2026. To access more UGX exchange rates against other currencies :bou.or.ug/interest_rates_exc…

MONETARY POLICY AT A GLANCE | November 2026 The Bank of Uganda has maintained the Central Bank Rate (CBR) at 12.0%, allowing previous policy measures more time to take effect while continuing to monitor inflation and economic developments. Our November Monetary Policy at a Glance highlights the policy decision, inflation and growth outlook, and key factors that could influence Uganda’s economy. Read the full Monetary Policy Statement: ow.ly/Uqbl5105mAA #BoUConnects

Bank of Uganda Opening foreign exchange rates for Tuesday, November 10, 2026. To access more UGX exchange rates against other currencies :ow.ly/R5Nt5105h5y

In addition, the BoU widened the CBR bands to ±3 from ±2 percentage points and set the margins on the CBR for rediscount and bank rates to 4 and 5 percentage points, respectively. #MPS2026

MONETARY POLICY STATEMENT | November 2026 The Bank of Uganda has maintained the Central Bank Rate (CBR) at 12.0%, allowing previous policy measures time to take effect while continuing to assess inflation risks and global economic developments. Read the full Monetary Policy Statement for November 2026: ow.ly/W73E5104WPX #BoUConnects

MONETARY POLICY STATEMENT | November 2026 The Bank of Uganda has maintained the Central Bank Rate (CBR) at 12.0% to support price stability.

SERVICE UPDATE | RTGS & ACH Systems Restored The Bank of Uganda informs all stakeholders and the public that the planned system upgrade has been successfully completed. Real-Time Gross Settlement (RTGS) and Automated Clearing House (ACH) services were fully restored at 9:00 a.m. on Monday, 9 November 2026. Bank of Uganda appreciates your patience and understanding during the upgrade. #BOUConnects

Bank of Uganda Opening foreign exchange rates for Monday, 9 November 2026. To access more UGX exchange rates against other currencies :ow.ly/ABWz5104TcO

Ahead of the Central Bank Rate announcement on Monday, 9 November 2026, here are Uganda’s key macroeconomic indicators for the months to October 2026. 📈 Inflation: Annual core inflation rose to 4.4% in October, up from 3.7% in September. Headline inflation rose to 5.8%, driven by food crops (10.7%) and energy, fuel and utilities (15.4%). 💱 Exchange rate: The shilling ended October at Shs 4,280 per US dollar, compared with Shs 3,920 at the end of September. 🏦 Interest rates: The Central Bank Rate was raised from 9.75% to 12.00% in October. The 364-day Treasury bill yield rose to 14.5%. 🌱 Growth: The economy grew 6.8% in the quarter to June 2026. Private sector credit reached Shs 33.3 trillion in September, and reserves stood at US$6.7 billion, enough for 3.7 months of imports. Follow our channels for the CBR announcement on Monday. #BoUConnects

ANNOUNCEMENT: The Monetary Policy Statement will be delivered on Monday, 9 November 2026, at 1:00 PM. The Monetary Policy Statement provides an update on domestic and global economic developments, outlines the Bank’s Central Bank Rate (CBR) decision, and explains the rationale behind it. It also explains how the decision is intended to influence financial conditions and support the Bank’s objective of maintaining price stability. 🌐Watch live on our YouTube channel: youtube.com/@BankofUgandaO… #MonetaryPolicy #MPS2026 #EconomyUpdate

Bank of Uganda Opening foreign exchange rates for Friday, 6 November 2026. To access more UGX exchange rates against other currencies: ow.ly/PXrB5103Bbc