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“The currency has indeed appreciated for about 14 months. But let me clarify — the Bank of Uganda did not intervene during that period. We allowed it to depreciate from around 3,700 to just under 4,000. Our last sale-side intervention in the foreign exchange market was in June 2022.” - Governor Atingi-Ego Watch the Governor explain the appreciation of the Uganda Shilling and also watch the full Monetary Policy Statement and Q&A here: https://www.youtube.com/live/lqcMcTvkbWA?si=MGDddq2_OwVvfxK _
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“The truth shall prevail! All those naysayers who want to discredit this central bank shall be put to shame.” – Deputy Governor Michael Atingi-Ego speaks at Bank of Uganda’s end of year staff party 2024. | Bank of Uganda
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🚨 Episode 8 of BOU Connects lands tomorrow! Uganda is about to earn from oil—but what happens next? 💡 How will this revenue be managed? 💡 Who ensures it’s used for the good of all Ugandans? 🎙️ We speak with Martha Kiiza Kalema, Team Lead – Petroleum Funds Management Division at Bank of Uganda. 📺 Watch the full episode tomorrow on the Bank of Uganda YouTube channel Stay tuned for the link! #BOUConnects #BankofUganda | Bank of Uganda
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