{UAH} How many Dollars move out weekly

Musakari

in Wau , Juba, Torit, Nimule, Oraba or Yei whatever trade typical Ugandans conduct in those centres (toninyira mukange, motor/cycle repair, building, commerical trade ) is all done using S.Sudanese pound which is readily exchangeable/covertable in the same markets into Uganda shillings.

Down town Kikubo where most goods that head to South Sudan are traded it is normally Uganda shillings which is used AND it is specifically for this reason the Shilling would have appreciated rapidly in the past trade highs! Have you asked why the shilling has been depriciating all along - S.S. trade (goods & services) was bringin in over $ 200 million US (shilling & pound all put together)  before the civil war per month if I recollect what I read.

There is need to understand the micro economics if we are to grasp recent erratic trends. reread my first article about this issue "Why Shilling Depreciation & Dollarisation of Uganda Economy".

my question again is what is outflow vis vi inflow of dollars in particural?

Bwanika.

On Wed, Jul 1, 2015 at 4:09 AM, Dan Bwanika <bulemezi@gmail.com> wrote:

How many dollars move out of Uganda on a weekly basis as opposed to dollar inflow

Who can get us this data to look at Uganda and understand the extremely strange situation as opposed to a bigger economy like Kenya and investment hub Rwanda

Is this linked to corruption investigation? Right there has been worldwide money market instability but Uganda is a little bit strange.

Bwanika

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Bwanika Nakyesawa Luwero

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Bwanika Nakyesawa Luwero

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