Monday, December 23, 2024

Uganda Presents Purchase Plan to Return to the Gold Standard

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Uganda Presents Purchase Plan to Return to the Gold StandardUganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda Eyes Gold Standard Backing […]
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