UAH is secular, intellectual and non-aligned politically, culturally or religiously email discussion group.


{UAH} Hon. Emelia Kyambadde: Make Yuan convertable/tradeable into UG Shilling


In fact, it is very possible for China and East Africa to agreed that all tarde should be condusted into local currency to reduce demand over supply for dollars.
 
Most of the merchandise sold in uganda come from China
However the Yuan is not readly convertable into Uganda shilling (why?!) though you can buy the Japanese YEN on the opne market

The East African countries should be come wih stringent laws agianst the use of the dollar in local trade as it has so happened in Tanzania. This must go hand in with control of dollar out flow specifically with construction , banking and mobile phone companies.

Bwanika

--
_____________________________
Bwanika Nakyesawa Luwero

--
Disclaimer:Everyone posting to this Forum bears the sole responsibility for any legal consequences of his or her postings, and hence statements and facts must be presented responsibly. Your continued membership signifies that you agree to this disclaimer and pledge to abide by our Rules and Guidelines.To unsubscribe from this group, send email to: ugandans-at-heart+unsubscribe@googlegroups.com or Abbey Semuwemba at: abbeysemuwemba@gmail.com.

Sharing is Caring:


WE LOVE COMMENTS


Related Posts:

0 comments:

Post a Comment

Popular Posts

Blog Archive

Followers