Ugandan, Kenyan shillings appreciate against US dollar

The latest report by Uganda’s finance ministry says, this followed increased dollar inflows partly occasioned by the US Federal Reserve lowering interest rates, leading to more capital inflows to frontier markets like Uganda and Kenya.

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Ugandan, Kenyan shillings appreciate against US dollar
By NewVision Reporter
Journalists @NewVision
#Uganda #Kenya #Shilling #US dollar

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During September 2024, the Ugandan and Kenyan shillings registered marginal appreciations of 0.3% and 0.1%, respectively against the US dollar.

The latest report by Uganda’s finance ministry

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