Uganda Shilling Becomes Worst Currency as Investors Sell Local Debt
Foreign investors are trimming exposure to local-currency bonds, causing the Uganda shilling to become the worst-performing currency amid rising US yields.
The story so far
2 publishers have covered this in 2 articles since 12 Oct 2026. Bloomberg Markets published first, on 12 October at 14:02 UTC; businessinsider.com followed 7h 27m later. The most recent article, from businessinsider.com, appeared on 12 October at 21:29 UTC.
Outlets reporting it: Bloomberg Markets (major outlet), businessinsider.com.
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In this story
- Uganda