By the close of business on Friday, Commercial banks quoted the shilling at 3,685/3,695 unchanged from the morning session.
In the money market liquidity was tight; this prompted the Central Bank to inject liquidity via a reverse repo.
The revelation was done during a Monetary Policy Committee (MPC) Press Conference at the BoU head offices in Kampala.
Prof. Mutebile has been in charge of the granary of the country for 3 decades if he was a thief or as corrupt like may public tenants we know over the...
Sudhir Ruparelia could walk away with billions of shillings after he won the case against Bank of Uganda. This and more stories in today's edition.
In 2017, BoU sued Sudhir, accusing him of swindling sh397b out of the financial institution in fraudulent transactions and land title transfers.
Bank of Uganda
Bank of Uganda says it is normal practice to transfer currency in different areas of Uganda.
Dr. Louis Kasekende the deputy Governor at the Bank of Uganda has said there were no regulations on the use of online crypto currency and it is risky to...
State minister for finance David Bahati said the investigations so far are going on well and will be concluded soon
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