Shilling Depreciation Due to Current Account Deficit, Not Sovereignty Law - BoU Governor » Business Focus
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5 Articles
Uganda: Bou Governor - Sovereignty Law Is Innocent
[Independent (Kampala)] Kampala -- Bank of Uganda Governor Michael Atingi-Ego has rejected suggestions that Uganda's Sovereignty Bill may have contributed to the recent depreciation of the shilling, attributing the currency's weakness primarily to a widening current account deficit and reduced portfolio investment flows.
Atingi-Ego Attributes Shilling Weakness to Deteriorating External Balances
Bank of Uganda governor Michael Atingi-Ego has dismissed suggestions that the Protection of Sovereignty Act, 2026, may have contributed to the recent depreciation of the shilling, attributing the currency’s weakness instead to a widening current account deficit and reduced portfolio investment inflows.
Sovereignty law not responsible for Uganda shilling’s fall – BoU - The Observer Media Ltd
Bank of Uganda governor Michael Atingi-Ego has dismissed suggestions that the Protection of Sovereignty Act, 2026, may have contributed to the recent depreciation of the shilling, attributing the currency’s weakness instead to a widening current account deficit and reduced portfolio investment inflows. The Protection of Sovereignty Act, which President Yoweri Museveni signed into law in […]
BoU Governor: Sovereignty Law is innocent
Kampala, Uganda | URN | Bank of Uganda Governor Michael Atingi-Ego has rejected suggestions that Uganda’s Sovereignty Bill may have contributed to the recent depreciation of the shilling, attributing the currency’s weakness primarily to a widening current account deficit and reduced portfolio investment flows. The Protection of Sovereignty Act, 2026, which President Yoweri … The post BoU Governor: Sovereignty Law is innocent appeared first o…
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