Uganda’s foreign exchange reserves continue to remain stable at around 4.5 months of import cover. While larger current account deficits and larger debt levels are projected for the coming years due to infrastructure investments, Credendo does not expect this to impact liquidity.
27 Apr 2020
Short-term political risk: multiple downgrades as emerging markets see liquidity squeeze amid covid-19 crisis
The current economic crisis provoked by the covid-19 pandemic combined with the commodity price shock is having a pronounced impact on the short-term ...
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