Kampala, Uganda | THE INDEPENDENT | The Uganda shilling continues to depreciate against the US dollar as both local and external factors exert pressure on the local and other emerging currency markets. For more than a week, the shilling has just stayed short of touching the 3,900 level against the dollar, amidst …
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Frankfurt, Germany | Xinhua | The Euro on Wednesday briefly slipped below parity against the U.S. dollar in intraday trading after data released by the U.S. Department of Labor showed that the Consumer Price Index (CPI) surged 9.1 percent from a year ago in June. The exchange rate on Wednesday plunged …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Shilling continues its downward trend against the US dollar more than two months since its appreciation journey against the dollar was halted. It has since depreciated by more than 200 shillings. The official foreign exchange rate by the Bank of Uganda put the …
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Central Bank of Sudan announced unification of the exchange rate of the Sudanese pound against the dollar Khartoum, Sudan | Xinhua | The markets in the Sudanese capital are witnessing a state of confusion and paralysis due to the ongoing depreciation of the Sudanese pound against foreign currencies. A tour …
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Juba, South Sudan | Xinhua | South Sudan’s government on Friday said it will soon be changing its currency in a bid to shore up its economy following continued depreciation of the pound against the U.S. dollar. Michael Makuei Lueth, Minister of Information and Broadcasting said the decision came after the …
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The Independent Uganda: You get the Truth we Pay the Price