Recalls 1987 series banknotes
BoU Recalls 1987 series banknotes
Notice: As of March 30, 2013, the 1987 series of UGX is no longer legal tender. The currency will be exchangeable at any commercial bank until May 30, 2013 and at any Bank of Uganda branch until December 30, 2013.
Closes Pakasa Forex Bureau
BoU Closes Pakasa Forex Bureau
Bank of Uganda has effective June 12, 2013 revoked the license for Pakasa Forex Bureau in accordance with Section 6(3) of the Foreign Exchange Act 2004.
Maintains Central Bank Rate (CBR) at 11 Percent
BoU Maintains Central Bank Rate (CBR) at 11 Percent
Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 11 percent for the month of July 2013, according to the Monetary Policy Statement for July 2013 issued to the press by Governor Prof. Emmanuel Tumusiime – Mutebile.