Uganda Interest Rate  2011-2017 | Data | Chart | Calendar | Forecast

The central bank of Uganda reduced its benchmark interest rate by 100bps to 10 percent on June 19th 2017. It follows a 100bps cut in the previous meeting, bringing borrowing cost to the lowest since at least 2011. Policymakers mentioned lower domestic inflationary pressures amid a stable shilling and subdued domestic demand. The bank targets core inflation at 5 percent. The annual rate went up to 5.1 percent in May from 4.9 percent in April. Also, the headline inflation went up to 7.2 percent from 6.8 percent, the highest so far this year. Interest Rate in Uganda averaged 14.07 percent from 2011 until 2017, reaching an all time high of 23 percent in November of 2011 and a record low of 10 percent in June of 2017.

Uganda Interest Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-02-15 01:00 PM Interest Rate Decision 11.5% 12% 12%
2017-04-12 09:30 AM Interest Rate Decision 11% 11.5% 11.5%
2017-06-19 12:00 PM Interest Rate Decision 10% 11% 11%




Uganda Money Last Previous Highest Lowest Unit
Interest Rate 10.00 11.00 23.00 10.00 percent [+]
Money Supply M2 13049.10 13256.30 13265.10 138.70 UGX Billion [+]
Money Supply M3 18759.10 19067.00 19067.00 138.70 UGX Billion [+]
Foreign Exchange Reserves 3186.02 3216.26 3391.01 5.10 USD Million [+]
Loans to Private Sector 12030.10 12034.30 12164.16 244.22 SHS Billion [+]
Deposit Interest Rate 13.20 12.76 35.83 5.56 percent [+]


Uganda Interest Rate Notes

In Uganda, interest rates decisions are taken by the Bank of Uganda. The Bank of Uganda official interest rate is the central bank rate. This page provides the latest reported value for - Uganda Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Interest Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 11.00 23.00 10.00 2011 - 2017 percent Daily



interest rate by Country

Last
Brazil 10.25 May/17
Russia 9.00 Jun/17
Turkey 8.00 Jun/17
Mexico 7.00 Jun/17
India 6.25 Jun/17
Indonesia 4.75 Jun/17
China 4.35 Jun/17
Australia 1.50 Jun/17
South Korea 1.25 May/17
United States 1.25 Jun/17
Canada 0.50 May/17
United Kingdom 0.25 Jun/17
Euro Area 0.00 Jun/17
France 0.00 Jun/17
Germany 0.00 Jun/17
Italy 0.00 Jun/17
Netherlands 0.00 Jun/17
Spain 0.00 Jun/17
Japan -0.10 Jun/17
Switzerland -0.75 Jun/17