June 11 2019
Uganda has joined Tanzania to suspend the conversion of Kenyan Shillings as a measure to stop the rush to wash in illegally got cash in neighbouring countries after Kenya decided to issue newer series.
In a statement last evening, Bank of Uganda said it had been informed by the Central Bank of Kenya (CBK) that they have issued a new series of banknotes effective May 31, 2019 with a view to combat illicit flows and counterfeits into Kenya.