By Gerald Businge on August 22, 2011
Bank of Uganda, currency trading, money market, Uganda shilling
Latest Uganda News
The International Bank Note Society’s (IBNS) ‘Banknote of 2010’ is Uganda’s 50,000-shilling note. This year, for the first time, the award was decided by a popular vote by members of the IBNS, rather than by a committee, and the award shows a strong appreciation of the 50,000-shilling note among a large community of banknote enthusiasts. […]
By Gerald Businge on June 11, 2011
Bank of Uganda, currency trading, money market, Uganda shilling
Business & Finance, Business news, Featured, Finance, Latest Uganda News, Media Gallery
The Ugandan shilling has hit a record low value against the U.S. dollar currently selling at about 2,410 to one US dollar. The shillings started losing again against the dollar after a few months of near comeback where the shilling had dropped from the 2,390 mark to about 3,278 in early June. It is not […]