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allafrica.com

@allafrica 3 hours ago

BOU Governor Warns Against Reliance On Central Bank to Stabilise Shilling

[Independent (Kampala)] Kampala -- Bank of Uganda Governor Dr Michael Atingi-Ego has warned that the central bank cannot sustainably defend the Ugandan shilling against depreciation, saying long-term stability will depend on increasing exports, tourism earnings and domestic production.

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