(USD:UGX) Shilling Freefall Has Uganda Tapping Meager Reserve War-Chest

(USD:UGX) Shilling Freefall Has Uganda Tapping Meager Reserve War-Chest

Uganda’s shilling sank to a fresh record low against the dollar even after the central bank tapped its reserves for the second time in a week to prop up the currency, defying a directive from President Yoweri Museveni not to use the country’s buffers...

Uganda’s shilling sank to a fresh record low against the dollar even after the central bank tapped its reserves for the second time in a week to prop up the currency, defying a directive from President Yoweri Museveni not to use the country’s buffers for that purpose.
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Bloomberg — Markets (EN)




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