Why the Ugandan shilling has been appreciating: Governor Atingi-Ego explains

For the past 14 months, the Ugandan shilling has been on a steady path of appreciation, raising questions about the underlying drivers and the role of the central bank. Speaking recently, Bank of Uganda Governor Michael Atingi-Ego broke down the factors shaping the currency’s movement—and what it means for the wider economy. Market-Driven, not manipulated…