Tag Archives: Strength

ARE UGANDANS BEING DUPED?…As Shilling Strength Vs Dollar Fails to Lower Fuel Prices

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KAMPALA — For the past six months, the Ugandan shilling has been gaining steadily against the US dollar, a development that in normal market conditions should translate into lower pump prices for fuel — since petroleum products are imported and priced in dollars. But despite the stronger shilling, fuel prices have stubbornly remained unchanged, leaving many Ugandans wondering whether the …

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