Uganda’s Open Currency Policy and the Decline of the Shilling.
Comments Off on Uganda’s Open Currency Policy and the Decline of the Shilling.
June 22, 2025
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…