Bank of Uganda holds CBR at 12% amid inflation risks
Published . Updated .
Key takeaways
- The Bank of Uganda (BoU) has maintained its Central Bank Rate (CBR) at 12 percent, while widening the policy rate corridor to support tight shilling liquidity as inflationary pressures and currency depreciation weigh on the country's economic outlook.
- Exposed: XLF, KRE, AFK, EMB, EMLC
- Market reaction: price tracking starts with the next trading session.
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The Bank of Uganda (BoU) has maintained its Central Bank Rate (CBR) at 12 percent, while widening the policy rate corridor to support tight shilling liquidity as inflationary pressures and currency depreciation weigh on the country's economic outlook.
Directly affected
- No company is named in this report.
Indirectly affected
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“uganda”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-3.0% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.
- EEM iShares MSCI Emerging Markets ETF-4.8% 16d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AFK | -4.17% | +0.00% | base | after close | after close | after close | after close |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| EMB | -1.09% | -0.55% | base | after close | after close | after close | after close |
| EMLC | -1.31% | -0.61% | base | after close | after close | after close | after close |
| EEM | +0.13% | -4.87% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Bank of Uganda holds CBR at 12% amid inflation risks Africa Business Communities
Source: Africa Business Communities
How far Select Sector Spdr Tr (XLF) has moved since 10 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (AFK) | three days earlier | 0.00% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | -4.17% | final price |
| Ishares Tr (EEM) | three days earlier | -4.87% | final price |
| Ishares Tr (EEM) | five days earlier | +0.13% | final price |
| Ishares Tr (EMB) | three days earlier | -0.55% | final price |
| Ishares Tr (EMB) | five days earlier | -1.09% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | -0.61% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | -1.31% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 78 days before publication. Filed 16 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 67 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 67 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 75 days before publication. Filed 4 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “Bank of Uganda holds CBR at 12% amid inflation risks”
Companies tied to this story
- XLF Select Sector Spdr Tr
Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks.” Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
- KRE Spdr Series Trust
In “Bank of Uganda holds CBR at 12% amid inflation risks,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
- AFK Vaneck Etf Trust
In “Bank of Uganda holds CBR at 12% amid inflation risks,” Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“uganda”)
- EMB Ishares Tr
Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks.” Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks.” Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa
- EEM Ishares Tr
Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks.” Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
- BAC Bank Of America
Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks.” Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- JPM Jpmorgan Chase
Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks.” Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
How “Bank of Uganda holds CBR at 12% amid inflation risks” reaches Select Sector Spdr Tr (XLF)
The 10 Nov 2026 story “Bank of Uganda holds CBR at 12% amid inflation risks” names Select Sector Spdr Tr (XLF) because of this story.
Select Sector Spdr Tr (XLF) is on the page because Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
Spdr Series Trust (KRE) is here too. Its reason reads: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
Price levels for Select Sector Spdr Tr (XLF)
AFK traded between 25.64 and 25.83 across 1 sessions. The latest close on file is 25.83. KRE traded between 67.80 and 71.49 across 18 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.02 across 16 sessions. The latest close on file is 55.07.
What the saved facts support for Select Sector Spdr Tr (XLF)
46 out of 100
“Bank of Uganda holds CBR at 12% amid inflation risks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.