Uganda Currency Plunges as Anti-Gay Law Prompts U.S. Aid Cuts
The shilling slumped 6.1 percent since President Yoweri Museveni signed the bill on Feb. 24, the most after Ghana’s cedi among 24 African currencies monitored by Bloomberg. Photographer: Isaac Kasamani/AFP via Getty Images Uganda’s shilling slumped to the lowest level in 15 months after the U.S. government said it was cutting aid to the East African nation over a…
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