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Uganda’s Open Currency Policy and the Decline of the Shilling. » The Hoima Post
By Wabusimba Amiri, In recent years, Uganda’s economy has grappled with a troubling trend, the persistent depreciation of the Ugandan shilling against major foreign currencies. As of mid-2025, one US dollar exchanges at over 3,500 shillings, a figure that continues to climb with little resistance. This situation raises concern among economists, local business owners, and patriotic Ugandans who see a worrying lack of protection for Uganda’s monet…
·Uganda
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