19 C
Kampala
Tuesday, August 22, 2017
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BoU reduces CBR to 11.5% on the backdrop of easing inflation

The consumer price index (CPI) data for January 2017 indicates a mixed picture of inflation outturn. Higher inflation for food crops as well as...

Uganda Shilling stable

The Uganda shilling remained firm during the week, with mild appreciation on account of subdued market activity and Bank of Uganda (BoU) open market...

Mixed fortunes for the Uganda Shillings

The Uganda shilling was relatively stable, but slightly weakened mid week as demand picked up. The Bank of Uganda open market operations offered some support. Trading was...

Shilling to remain stable

The Uganda shilling strengthened against the dollar on account of improved foreign Exchange supply mainly portfolio flows targeting the Treasury bond auction. Trading was in...

Uganda shilling gains

By Stephen Kaboyo The Uganda Shilling (Ugx) strengthened during the week and touched  a three week high on account of improved foreign exchange  inflows mainly...

Domestic economic imbalances, dollar strength, to weaken the shilling further

By Stephen Kaboyo The Uganda shilling was on the back foot in the first full trading session of the year, inching lower as both global and domestic market...

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...

Seasonal inflows from Diaspora Ugandans fell short of expectation

The Uganda shilling lost ground on resurgence of dollar demand from importers and interbank against weak foreign exchange inflows.   The seasonal inflows from Ugandans living abroad...

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...

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...