Economy - 22 July 2026
Shilling Gains Ground in Midweek Trading
Kampala, Uganda, July 22, 2026 - The Uganda shilling picked up further gains in a midweek session, extending a period of relative stability against major currencies.
Kampala, Uganda, July 22, 2026 - The Uganda shilling picked up further gains in a midweek session, extending a period of relative stability against major currencies.
Dealers linked movements to export proceeds, remittances and central-bank signalling.
This detail was included in the mid-to-late July UGANDA briefing.
Currency calm remains politically sensitive because import costs feed directly into fuel and food prices.
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