{"id":4952,"date":"2021-02-24T18:27:25","date_gmt":"2021-02-24T18:27:25","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=4952"},"modified":"2021-02-24T18:08:42","modified_gmt":"2021-02-24T18:08:42","slug":"uganda-ranked-second-in-ease-of-access-to-forex","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex","title":{"rendered":"Uganda ranked \u00a0second in ease of access to forex"},"content":{"rendered":"

Africa-Press<\/a> – Uganda<\/a>. <\/strong><\/span>Uganda ranks second best in Africa in the ease of access to foreign exchange, according to the Absa Africa Financial Markets Index 2020.<\/p>\n

The country scored 67 coming behind South Africa, which, according the index, scored of 80.Uganda\u2019s foreign exchange market is fully liberalised, which offers investors and the general public an opportunity to access foreign currency in banks and forex bureaus.<\/p>\n

The Africa Financial Markets Index focuses on a variety of parameters to record openness and ease with which customers access foreign exchange. It scores countries on a scale of 10-100 on the basis of depth of markets, openness, transparency, legal environment and macro opportunity.<\/p>\n

Rwanda was ranked third with a score of 66 while Tanzania and Kenya scored 59 and 57, respectively.Dr Michael Ating-Ego, the Bank of Uganda deputy governor, while responding to the report, said Uganda\u2019s strength in access to foreign exchange is anchored on a liquid forex market, healthy reserves and vibrant interbank swap and forward market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Uganda ranks second best in Africa in the ease of access to foreign exchange, according to the Absa Africa Financial Markets Index 2020. The country scored 67 coming behind South Africa, which, according the index, scored of 80.Uganda\u2019s foreign exchange market is fully liberalised, which offers investors and the general public an […]<\/p>\n","protected":false},"author":84,"featured_media":4951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,240,234],"class_list":["post-4952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nUganda ranked \u00a0second in ease of access to forex - Uganda<\/title>\n<meta name=\"description\" content=\"Uganda ranks second best in Africa in the ease of access to foreign exchange, according to the Absa Africa Financial Mar ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda ranked \u00a0second in ease of access to forex\" \/>\n<meta property=\"og:description\" content=\"Uganda ranks second best in Africa in the ease of access to foreign exchange, according to the Absa Africa Financial Mar ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-24T18:27:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2021\/02\/img-6036960698e78.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1160\" \/>\n\t<meta property=\"og:image:height\" content=\"652\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Uganda ranked \u00a0second in ease of access to forex\",\"datePublished\":\"2021-02-24T18:27:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex\"},\"wordCount\":171,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2021\/02\/img-6036960698e78.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/uganda-ranked-second-in-ease-of-access-to-forex\",\"name\":\"Uganda ranked \u00a0second in ease of access to forex - 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