BY PATRICK KAGENDA
The shilling yesterday slid for the second straight day against the dollar as businesses remained closed during a day of bloody street confrontations between security forces and civilians protesting against the rising cost of living. The local unit closed at 2380/85 from Thursday’s 2375/80. The shilling opened at 2362/67 on Friday morning before dropping some units as riots engulfed the city.
According to financial analysts at Standard Chartered Bank Uganda, the