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Ugandan central bank calls emergency policy meeting for Wednesday

Ugandan central bank calls emergency policy meeting for Wednesday
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The Bank of Uganda has scheduled an emergency Monetary Policy Committee meeting for Wednesday. The move follows a sustained decline in the value of the Ugandan shilling against the US dollar since August.

Why it matters

Emergency central bank meetings often signal significant economic instability or the need for urgent intervention to stabilize national currency.

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NAIROBI, Oct 13 (Reuters) - Uganda's central bank said it would hold an emergency Monetary Policy Committee meeting on Wednesday.…

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