×
The Standard e-Paper
Read Offline Anywhere
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Uganda’s central bank said it would take measures to halt a slide in the shilling it blamed on speculators as the currency dropped to the lowest since October 2011.
“The Bank of Uganda has noted some speculative tendencies that have exacerbated the depreciation,” the regulator said in an e-mailed statement today. “The bank will take measures to tame the depreciation.”
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join