The Ugandan shilling firmed slightly on Tuesday, underpinned by healthy hard currency inflows from exporters of agricultural commodities like coffee and tea, traders said.

The Ugandan shilling weakened against the dollar on Friday, undercut by increased demand for dollars from commercial banks, ...

the price of coffee bought by a middleman from a Ugandan farmer was roughly 8,000 Uganda shillings, or just over $2 at today’s exchange rate. Now the price is roughly $5. Nandudu adds an extra ...

Loans denominated in Ugandan shillings decelerated to 10.0%, compared to 10.3% in the previous period. However, foreign currency loans saw a modest increase, rising to 2.3% from 2.0%.

However, this is not the case. The main reason is the exchange rate or strength of the shilling against the Uganda currency, which leaves the Ugandan farmer with high purchasing power, or more ...