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15.05.25 - 06:06
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Uganda Using ′Extraordinary Measures′ to Grow FX Reserves, Central Bank Governor Says (Bloomberg)
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Bank of Uganda Governor Governor Michael Atingi-Ego says the central bank has taken "extraordinary measures" to grow the nation's foreign exchange reserves, including buying $1.5 billion from the market this fiscal year and using currency swaps. The transactions have so far amounted to $400 million, Atingi-Ego said from the capital, Kampala, in an interview with Bloomberg's Jennifer Zabasajja. (Source: Bloomberg)...
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