Ugandan Shilling Emerges as Best Performer Among East African Currencies
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#e2c34d3a ver:0.37

The Ugandan shilling has emerged as the best-performing currency in East Africa, strengthening against the US dollar while other currencies depreciated. This is due to higher dollar inflows from commodity exports and NGOs, along with subdued demand for the dollar. The strong shilling has positive implications for the Ugandan economy, attracting foreign investments and helping to control inflation. However, it may impact export competitiveness. The Bank of Uganda must carefully manage the exchange rate for balanced and sustainable growth. #Uganda #currency #economy #exports...

#newstr #UgandanShilling #EastAfricanCommunity #Currencies 

 https://here.news/story/e2c34d3a?ver=0.37