@bankofugandaofficial: Governor Michael Atingi-Ego explains the measures taken by BoU as the exchange rate approached UGX 4,000 per US dollar, including the recent increase in the Cash Reserve Requirement (CRR). The Bank has also raised the Central Bank Rate to 12.0% from 9.75% to prevent rising costs from spreading across the economy. The Governor emphasises that BoU does not target a specific exchange rate. The value of the Shilling is determined by market forces, with the Bank taking actions to ensure that movements in the foreign exchange market remain smooth. Watch the full reading of the October 2026 Monetary Policy Statement and the subsequent press briefing on the Bank of Uganda YouTube channel #MPS2026 #BOUConnects

BoU_Official
BoU_Official
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Region: UG
Thursday 15 October 2026 10:21:16 GMT
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user6128008484048
Larry :
I feel sorry for this gentleman who is working with crooks. He has endeavoured to explain everything necessary
2026-10-15 15:13:18
31
princejonanicap
PrinceJONANICapacity :
The CBR should have been lowered to 7.2%
2026-10-15 12:09:48
9
user9161919552561
innocent :
All he said is a lie
2026-10-15 19:40:44
0
bouncing.castles
planned kids bouncingcastles :
why qtn is simple what does it take for BOU to put afixed exchange rate throught
2026-10-15 17:34:42
0
sarah.n7282
Sarah N. :
get for us someone to simplify this CRR ... to much abbreviations... English too much
2026-10-15 14:53:01
1
stuart.nobs8
🐯stuart nobs :
[Gesture OK]the only person supposed to say,, IAM BUSY ,, and I accept
2026-10-15 13:37:24
12
kalanzijames
kalanzijames :
Money should be hard to get [Gesture OK]
2026-10-15 11:31:15
9
tim38834
Tim 🤑 :
he speaks only economics
2026-10-15 12:38:32
4
user7201290628066
BIZA :
Mr.Governor can I please meet you and raise some issues
2026-10-15 13:52:24
3
thelordlivesdesign
The Lord Lives Designs :
We newd to go back to Socialism and Communism...Capitalism is the problem...
2026-10-15 15:02:55
1
user5671794265989
user5671794265989david :
And don't hide from us any external pressures
2026-10-15 20:45:31
0
kahintracy
Tracy :
Oh my heart breaks for the elite that work for this government. May God keep you sane sir
2026-10-15 19:27:20
0
kiseka272
Kiseka🥳 :
thanks for the clarity. The 225bps hike to 12% will be tough for borrowers, but necessary to anchor inflation expectations. Hope to see complementary fiscal measures to ease pressure on the current account, especially for fuel and imports..
2026-10-15 19:35:37
0
workerpartyuganda
Workers party uganda :
Hopefully Mr.Atingi whatever you are implementing helps ugandans who are going through hard economic period..
2026-10-15 18:29:46
0
datguycalledhanxug
DatGuyCalledHanxug :
we are doomed . raising the crr means money is going to be scarce
2026-10-15 18:29:04
0
user4358779349847
JR Oplot platform TV :
The demand is taller than the supply ,the supply in nakawa market is bigher than the supply of goods in nakasero market .Now there is one person who is going to read my commerce without knowing that the only word i know in commerce is demand and supply.
2026-10-15 16:48:39
0
eriabakerkalibbala
kalibbala eriabaker :
well done
2026-10-15 11:17:04
0
princejonanicap
PrinceJONANICapacity :
This one can not manage to run the Central Bank!!
2026-10-15 12:09:20
3
gadget_guy
LONER✅️ :
Right person for the right job working for a wrong boss
2026-10-15 16:17:19
1
behuman94
Humanity :
continue and we shall see the end
2026-10-15 16:41:27
0
globalvillagehop
7 Continent Dash :
$4000
2026-10-15 19:51:22
0
ck1985c
katenzacharles :
Hmm.. if you accept that a reduction in the offshore inflows has led to the current currency depreciation, then how will the increase in the CBR increase the offshore inflows.
2026-10-15 17:25:23
0
profitug0
PRÖFÏT 💔 :
every person here knows about money
2026-10-15 18:12:25
0
dukeofuganda256
ǝʞnᗡ ɟo ɐpuɐƃ∩ :
So he has implemented two requirements? The CBR and CRR?
2026-10-15 16:45:17
0
ssalongontume
Ssalongo :
You mentioned different challenges and suggested very different approaches! 🤔
2026-10-15 12:39:40
0
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