Ugandan Shilling Emerges as Best Performer Among East African Currencies, Kenya Shilling Remains Strong Despite Moody's Rank
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#e2c34d3a ver:0.39

The Ugandan shilling emerges as the best-performing currency in East Africa, strengthening against the US dollar due to higher dollar inflows and subdued demand. This has positive implications for the economy, attracting foreign investments and controlling inflation. However, it may impact export competitiveness. Meanwhile, the Kenyan shilling remains stable despite a Moody's downgrade, but recent market conditions have caused a fresh fall in its value against the US dollar. The downgrade and disruptions have reduced investor confidence in the shilling. #Uganda #Kenya #currency #economy...

#newstr #UgandanShilling #KenyanShilling #ForeignExchangeMarket #Moody'sRanking #UsDollar 

 https://here.news/story/e2c34d3a?ver=0.39