(USD:UGX) Uganda Shilling Turns Worst Currency as Investors Sour on Local Debt
Ugandaโs shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.
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Ugandaโs shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.
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Thai bonds suffered their biggest monthly foreign outflows since March as surging Treasury yields and the prospect of interest-rate hikes dimmed the appeal of the nationโs debt.
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