Uganda’s Shilling Surges After Central Bank’s Largest Rate Hike Since 2011
The currency became the world's best performer after the central bank raised interest rates to its highest level in 15 years to stem a sharp decline.
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The story so far
2 publishers have covered this in 2 articles since 15 Oct 2026. africa.businessinsider.com published first, on 15 October at 05:51 UTC; Bloomberg Markets followed 9h 05m later. The most recent article, from Bloomberg Markets, appeared on 15 October at 14:56 UTC.
Outlets reporting it: Bloomberg Markets (major outlet), africa.businessinsider.com.
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In this story
- Uganda
- Ugandan Shilling