
Uganda Shilling Hits Historic Low After Central Bank Intervention
Direct foreign exchange sales by the Bank of Uganda fail to stem currency depreciation driven by surging commercial dollar demand.
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Direct foreign exchange sales by the Bank of Uganda fail to stem currency depreciation driven by surging commercial dollar demand.

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Monetary authorities pivot toward easing as headline price pressures moderate, ending a three-quarter standstill.

Aggressive foreign exchange interventions by the central bank curb excess rupee liquidity in the banking system, money-market desks report.

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