Bank of Uganda 1 article

As a central monetary institution, Bank of Uganda is defined by Ugandan shilling issuer, Uganda monetary policy, and inflation-targeting framework Uganda. Its wider role is closely connected to Ugandan banking supervision and Uganda payment systems oversight, factors that influence currency management and financial conditions in its jurisdiction. Through mobile money regulation Uganda, the bank also supports the institutional infrastructure of the financial system rather than acting as a conventional deposit-taking commercial bank.

Economy

Uganda Adds to Reserves as Shilling Sets New Lows

October 13, 2026, 8:26 PM

Foreign-exchange reserves rose 56% to $6.7 billion in the year to June. The shilling has still lost more than 11% since January, while reserve cover remains short of the central bank’s four-month goal.