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Why the U.S. dollar’s fall in Uganda isn’t just a Forex story
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Why the U.S. dollar’s fall in Uganda isn’t just a Forex story
Every morning as I drive to work along Kyanja Road, I pass a line of forex bureaus. Their bright digital boards flash new figures each day, green for buying, red for selling. A few weeks back, I would glance up and see the dollar trading at around UGX 3,740. But with time, the numbers began falling silently. From 3,740 to 3,700, then 3,650, and now hovering around UGX 3,450. At first, I didn’t think much of it. The change felt gradual, almost un…
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