Monday, August 26, 2019
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Shilling recovers as demand from importers fade amid tight liquidity

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling recouped it's losses as demand from importers waned amid tight liquidity conditions....

Uganda Shilling continues to slide against the US Dollar

The shilling continued to slide against the dollar during the week, trading inside the range of 3450-3490. The market witnessed increased buying pressure as...

Mild weakening for the shillings as BoU mops excess liquidity

The shilling traded sideways and remained in a relatively narrow range as demand was on and off. The Central Bank was in the market...

African capital markets declined in 2016 amidst economic uncertainty -report

2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as...

Uganda shilling recoups it losses amid muted demand

The Uganda shilling (Ugx.) recouped some of it losses amid muted demand and improved inflows. The unit traded in the range of 3595/3605. In the...

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....

Stock market: Stanbic Bank dominates trading as Umeme price falls

Market turnover fell to Ugx 2.5Bn ($742,679) from Ugx 5.12Bn ($1.52Mn) last week as the bourse registered less activity. Stanbic Bank Uganda dominated trading...

Shilling: Tight liquidity keeps away the away the appetite for dollars

(adsbygoogle = window.adsbygoogle || ).push({}); The Uganda shilling was steady against the dollar primarily on account of tight liquidity conditions that took...

Uganda shilling loses ground, erases previous slight gains

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling lost ground, erasing some of its slight gains of the previous week,...

Outlook for the shilling indicate a stable unit, as demand remain...

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling was firm against the dollar amid low market demand for forex. Trading...