19 C
Kampala
Sunday, March 26, 2017
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Shilling expected to remain flat in the coming weeks

It was a non trending market for the Uganda Shilling (Ugx) and the US Dollar (USD) pair during the week as market activity remained...

Nigeria’s rating downgraded by one notch to ‘B’

Developed-market government bonds rebounded on Friday, pushing yields lowers, amid the diminished probability of a Fed rate hike in the shot-term.  The yield on...

UK too small to cause global financial crisis-Professor Nouriel Roubini

Risk of the world falling into a recession and financial crisis is limited in the aftermath of UK’s decision to leave the European Union,...

Shilling to hold steady as market players close down for the...

By Stephen Kaboyo The shilling traded side ways during the week opening weak, dropping slightly and recovering as the week progressed. Corporate demand remained subdued...

2016 Year in Review and Outlook for the shilling

By Stephen Kaboyo 2016 has been a rather challenging year. There was a general slowdown in almost all sectors of the economy.   A number of economic...

Shillings on the back foot, expected to remain softer

The Uganda shilling was on the back foot during the week due to increased appetite for dollars by commercial banks, energy sector and...

Shilling to remain strong in the coming week

The Uganda shilling maintained a firm stance, with a bit of volatility mid week due to a slight pickup in demand but thereafter, improved...

The euro is now the second-most-active currency for trade finance

Since the launch of the first SWIFT RMB Tracker in November 2011, the Chinese currency –the Renminbi (RMB) has shown stellar growth for payments,...

Investment flows through offshore hubs fall, but remain at high level

The volatility of investment flows to offshore financial hubs – including those to offshore financial centers and special purpose entities (SPEs ) –...

Shilling to weaken further amid interest rate hike in the U.S

The Uganda shilling continued to slide touching the lowest level seen in the recent past undermined by strong corporate demand, energy sector and telecoms....