Panic sale by Ugandan banks and currency traders has resulted in a dramatic devaluation of Kenya shilling relative to the US dollar, as well as a shortage of the Kenyan unit. Panic sale by Ugandan ...
KAMPALA (Reuters) -Uganda's currency is expected to gain against the dollar in the next week to Thursday, while those of Ghana, Nigeria, Kenya and Zambia are forecast to be little changed, traders ...
What you need to know: The shilling has depreciated by about 0.3 percent on the day and roughly 0.2 percent over the past ...
Uganda’s shilling headed for the biggest drop in almost eight years as officials said they would need to revise the budget after the World Bank halted new funding to the country for its passage of ...