21 C
Kampala
Wednesday, April 26, 2017
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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 ...

Panic buying expected, as the Shilling faces more pressure

The Uganda Shilling depreciated to a three month low as demand surged mainly from energy and manufacturing sectors and the interbank.   The shilling breached a key...

Uganda shilling to weaken in the coming days

The Uganda shilling weakened during the week as pressure from interbank and corporate activity gained momentum. Market players were seen building positions ahead of...

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 expected to remain stable in a well paired market

16th September 2016 …………………………………………………………………… The Uganda shilling traded sideways during the week. Demand was on and off as the corporate market focused on mid month tax...

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...