Business · Economy · 4 hrs ago

Uganda Central Bank Calls Meeting After Shilling Hits 33-Year Low

Uganda Central Bank Calls Meeting After Shilling Hits 33-Year Low

Uganda’s central bank has called a special policy meeting after the country’s currency fell to a new 33-year low.

The meeting will be held on Wednesday.

The shilling’s fall is the reason for the meeting.

Uganda’s monetary policy committee is the group that will meet.

The central bank is responding to a steep decline in the currency.

The meeting is the next step announced; no further action was specified.

Sources

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