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Foreign investors exit Ugandan debt, pushing shilling lower

September 20, 2012 Comments Off on Foreign investors exit Ugandan debt, pushing shilling lower

September 20, 2012, 12:40 pm

KAMPALA (Reuters) – The Ugandan shilling retreated against the greenback on Thursday, weakened by inter-bank dollar and offshore investors exiting Ugandan debt after yields fell sharply at an auction on Wednesday.
The weighted average yield on the east African co…

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