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(Bloomberg) -- The Bank of Uganda raised interest rates for a third straight meeting and signaled its willingness to boost rates further if inflation isn’t reined in.Most Read from ...
The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties and powers of the board are specified by the Bank of Uganda Act. This Act makes the board responsible for the general management of the affairs of the bank. The board formulates policy and ensures
At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2 December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise imports. [44] The consistent depreciation of the rupee is said to be deepening the economic crisis. [45]
The exchange lists foreign securities, bonds, and exchange traded funds. [1] The exchange opened to trading on 13 July 2016. It accepts trades as low as US$3, targeting investors of modest means. [2] ALTX East Africa Exchange expanded its operations to Uganda after obtaining a regulatory approval in 2014, and depository approval in 2015. [3] [4]
International and regional news 12 Daily Global Current News [4] (Urdu: گلوبل نیوز ) Urdu / English All Pakistan 1992 International and regional news 13 BOL News (Urdu: بول نیوز) Urdu / English All Pakistan 2013 International and regional news 14 Daily Nai Baat [4] Urdu Lahore, Karachi, Multan, Peshawar, Quetta 2011 Current ...
DFCU Bank, registered as the Development Finance Company of Uganda Bank Limited, [5] is a commercial bank in Uganda. It is licensed by the Bank of Uganda (BoU), Uganda's central bank and national banking regulator.
By Andrea Shalal and Kanishka Singh. WASHINGTON (Reuters) -The World Bank said on Tuesday it would halt new lending to the Ugandan government after concluding that its anti-LGBTQ law, which has ...
This is a list of commercial banks and other credit institutions in Uganda, as updated March 2023 by the Bank of Uganda [1] [2] and taking into account the more recent downgrading of three banks to other credit institutions.