The Uganda Shilling appreciated by 6.3% in May year-on-year, Xinhua reports. The Shilling’s month-on-month appreciation was 1.95 percent.  According to their report, factors that helped the Uganda Shilling appreciate include the global depreciation of the United States Dollar, increased government securities and private remittances. In an interview, Adam Mugume, Executive Director of Research at the … Continue reading Uganda Shilling Appreciates 6.3% Against the Dollar