Why shouldn't the Bank of Uganda flood the Ugandan financial market with liquidity much as the Federal Reserve has done? First and foremost, the inflation rate which remains in the double digits in Uganda is a major concern, while in the U.S. the risk is of deflation.
The word “euro” is now written in the Cyrillic as well as in the Latin and Greek alphabets. Today, 332 million people in 17 countries use euro banknotes every day. And worldwide, the value of euro banknotes circulating is roughly the same as that of US dollar bills.