Uganda’s depreciating currency threatens to bring some complications to the country’s economy. The Ugandan Shilling which experienced an abrupt decline against the US dollar in the previous month has brought about more inflationary pressures. As a result, the Bank of Uganda has projected that inflation could go past the 5% target come the second half of the year. The Ugandan Shilling’s abrupt decline against the USD raises inflation concerns.The Bank of Uganda increases the Central Bank Rate to 10% in response to currency depreciation.Deputy governor warns of potential inflation surpassing 5% …