@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
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
PrinceJONANICapacity :
The CBR should have been lowered to 7.2%
2026-10-15 12:09:48
9
innocent :
All he said is a lie
2026-10-15 19:40:44
0
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 N. :
get for us someone to simplify this CRR ... to much abbreviations... English too much
2026-10-15 14:53:01
1
🐯stuart nobs :
[Gesture OK]the only person supposed to say,, IAM BUSY ,, and I accept
2026-10-15 13:37:24
12
kalanzijames :
Money should be hard to get [Gesture OK]
2026-10-15 11:31:15
9
Tim 🤑 :
he speaks only economics
2026-10-15 12:38:32
4
BIZA :
Mr.Governor can I please meet you and raise some issues
2026-10-15 13:52:24
3
The Lord Lives Designs :
We newd to go back to Socialism and Communism...Capitalism is the problem...
2026-10-15 15:02:55
1
user5671794265989david :
And don't hide from us any external pressures
2026-10-15 20:45:31
0
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
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
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 :
we are doomed . raising the crr means money is going to be scarce
2026-10-15 18:29:04
0
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
kalibbala eriabaker :
well done
2026-10-15 11:17:04
0
PrinceJONANICapacity :
This one can not manage to run the Central Bank!!
2026-10-15 12:09:20
3
LONER✅️ :
Right person for the right job working for a wrong boss
2026-10-15 16:17:19
1
Humanity :
continue and we shall see the end
2026-10-15 16:41:27
0
7 Continent Dash :
$4000
2026-10-15 19:51:22
0
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
PRÖFÏT 💔 :
every person here knows about money
2026-10-15 18:12:25
0
ǝʞnᗡ ɟo ɐpuɐƃ∩ :
So he has implemented two requirements? The CBR and CRR?
2026-10-15 16:45:17
0
Ssalongo :
You mentioned different challenges and suggested very different approaches! 🤔
2026-10-15 12:39:40
0
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