News Ticker

Rising dollar thwarts Uganda’s debut Eurobond sale

Image Credit: Reuters

Uganda’s finance ministry have put plans for their debut Eurobond sale on hold following the appreciation in the dollar. Uganda’s currency has slumped 19% against the dollar so far this year, forcing the country to wait until market conditions are more favorable.  

Read more at Bloomberg…

Leave a comment

Your email address will not be published.


*