Central Banks
Uganda to Hold Unscheduled Rates Meeting After Shilling Slide
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Uganda’s central bank said it’s monetary policy committee will hold an unscheduled meeting, after the shilling fell to a record low.
The MPC will meet on Wednesday and a statement will be issued by Deputy Governor Michael Atingi-Ego at 1 p.m. in Kampala, the capital, the central bank said in an emailed statement on Tuesday. It didn’t provide further information and Bank of Uganda spokesman Kenneth Egesa’s phone was switched off when Bloomberg sought comment.