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Uganda Presents Purchase Plan to Return to the Gold Standard

Uganda 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 ar...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Uganda Presents Purchase Plan to Return to the Gold Standard
Uganda 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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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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