East African central banks to rebuild forex reserves

Wednesday July 20 2016

Bank of Uganda governor Tumusiime -Mutebile (centre)

Bank of Uganda governor Tumusiime -Mutebile (centre) at one of the ordinary meetings of the Monetary Affairs Committee of the East African Community recently. Sitting in Kampala last week, central bank governors resolved to rebuild their countries’ foreign exchange reserves so as to mitigate financial risks that may occur. FILE PHOTO 

By MARTIN LUTHER OKETCH

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