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Politics · Kampala

Gov’t Urges Calm as Shilling Faces Foreign Exchange Pressure

Published by Watchdog Uganda By watchdog · 29 October 2026 at 12:02
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Gov’t Urges Calm as Shilling Faces Foreign Exchange Pressure
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What the report says

KAMPALA — Government has urged Ugandans to avoid panic buying of foreign currency and speculative transactions driven by rumours as the shilling faces mounting pressure from increased demand for the US dollar and declining foreign exchange inflows. The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, said government was supporting monetary policy […] The post Gov’t Urges Calm as Shill

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