Uganda Shilling Gains 2.48% in 2025

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Uganda’s shilling strengthened in 2025, appreciating 2.48%  against the US dollar and outperforming regional peers. Official data show steadier foreign exchange inflows supported the currency, led by strong gold and coffee exports and stable remittances. Moderated import demand and measured monetary management limited volatility. The firmer shilling lowered import costs and eased inflation, while slightly reducing local returns for some exporters.