By Gerald Businge on August 8, 2011
Bank of Uganda, inflation Uganda, Uganda shilling, US dollar
Latest Uganda News
The shilling traded weak against the US dollar and other major currencies during the week to closing at 2,680 to the US dollar. , That is nearly 3% depreciation from the beginning of the week at 2,610 levels. The Bank of Uganda says there has been sizable foreign exchange demand emerging from corporate world while […]
By Gerald Businge on April 16, 2011
Bank of Uganda, inflation Uganda, Uganda shilling, US dollar
Business & Finance, Business news, Latest Uganda News, Media Gallery
The Bank of Uganda is reducing the circulation of the Uganda shillings in an attempt to strengthen the local currency against the dollar and stabilize the economy. The Director of Research at the central Bank Adam Mugume says the move is vital because the Central Bank uses the money in circulation and money held by […]
