Africa FX: Uganda, Ghana Currencies Brace for Further Losses—What’s Driving the Slide?

Uganda’s shilling and Ghana’s cedi are sliding fast—oil prices and dollar demand threaten more pain unless something changes soon.

Uganda Shilling Crowned East Africa’s Strongest as Kenya, Rwanda, Tanzania Fall to the Dollar

While Kenya, Tanzania, and Rwanda tumbled against the dollar, Uganda’s shilling surged 5.86%—defying every regional trend. Here’s what changed the game.