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Kampala
Sunday, March 26, 2017
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Uganda Shilling to remain volatile

The Uganda shilling continued to soften against the dollar on the back of a rebound in demand mainly from the importers.   In the early part of...

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....

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,...

Uganda Shilling to slide further

The Uganda shilling kept a weak tone and touched a 12 month low to trade above the key psychological level of 3600.   The unit has...

Uganda Shilling to gain some reprieve

The Uganda shilling was on the back foot undermined by interbank and corporate demand as well as anxiety of the surprise win of Trump in...

Uganda Shilling to remain bearish

The Uganda shilling wavered traded in volatile mode undermined by a surge in corporate and interbank demand amidst reduced in foreign exchange flows.   The currency broke through...

Uganda shilling to remain volatile

The Uganda shilling was on a losing streak in the first half of the week undermined by elevated demand levels but slightly gained  towards...

Uganda Shilling to hold

The Uganda shillings (Ugx) recouped some of its losses after a period of volatility that led the shilling to an eight month low.   The shilling strengthened...

Uganda Shilling in three month record low

The surge in demand for Forex in the last couple of weeks pushed the Uganda Shilling to a three month record low.   The shilling breached the key...

CBR for October: BoU expected to play a balancing act

The Bank of Uganda (BoU) has pursued it's objective of price stability in a very consistent manner and this has yielded good results.   To date ...