Bank of Uganda - Duties

Duties

In the process of fulfilling the Bank's mission, the Bank carries out the following functions:

  • Issue Uganda's national currency/legal tender, the Uganda Shilling (UGX)
  • Regulate money supply using monetary policy
  • Act as Banker to the Government of Uganda
  • Act as Banker to Commercial Banks
  • Supervise and regulate Financial Institutions in Uganda
  • Manage the country's external/foreign reserves
  • Manage Uganda's external debt
  • Advise the Government of Uganda on financial and economic issues

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