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The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at par. Following high inflation, a new shilling (UGX) was introduced in 1987 worth 100 old shillings. The shilling is usually a stable currency and predominates in most financial transactions in Uganda, which has a very efficient foreign exchange market with
[citation needed] India and Sri Lanka share a maritime border. India is the only neighbour of Sri Lanka, separated by the Palk Strait; both states occupy a strategic position in South Asia and have sought to build a common security umbrella in the Indian Ocean. [1] Both India and Sri Lanka are republics that are members of the Commonwealth of ...
28 July – The Sri Lanka women's cricket team becomes the Asia Cup champions for the first time after beating India in the final. [ 89 ] 29 July – Colombo Port is ranked as the world’s fastest-growing port in the first quarter of 2024 with a 23.6% growth rate according to Alphaliner, a research publication in the shipping industry.
India and Sri Lanka directly qualified for the T20 World Cup as co-hosts, [4] while Afghanistan, Australia and Bangladesh qualified as among top eight teams from the previous edition. New Zealand and Pakistan qualified through ICC Men's T20I Team Rankings .
Bilateral relations between Sri Lanka and India have been generally friendly, but were affected by the Sri Lankan civil war and by the failure of Indian intervention during the Sri Lankan civil war. India is Sri Lanka's only neighbour, separated by the Palk Strait ; both nations occupy a strategic position in South Asia and have sought to build ...
Despite Amin's claims of returning control of the economy to ordinary Ugandans, the expulsion greatly harmed the economy of the country. The GDP of Uganda fell by 5% between 1972 and 1975, while manufacturing output tumbled from 740 million Ugandan shillings in 1972 to 254 million shillings in 1979. At the time of their deportation Indians ...
Ugandan military prosecutors on Monday added a charge of "treachery" - which carries the death penalty - to the list of violations of military law they say were committed by a prominent opposition ...
[41] [42] Although later both Sri Lanka and China have clarified it as mere refueling and crew refreshment halt on the way to gulf of Aden as part of anti-piracy deployment. [ 43 ] Things started changing however with the 2015 presidential election where Maithripala Sirisena , an old ally and Minister in the Rajapakshe's cabinet, defeated the ...