Uganda ready to shore up currency, says deputy

money-3

The Bank of Uganda on Wednesday said it was prepared to intervene in markets to maintain the stability of the Ugandan shilling, which has suffered in the aftermath of a Sunday bomb attack in Kampala.

Louis Kasekende, the central bank's deputy governor, told Reuters, a newswire, that the central bank was mindful of the fact that the Sunday attack, which killed 76 people in the capital, could spook investors. "I know they will definitely be some people who are unnerved by this, but they should

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