Monday, October 14, 2019
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Uganda Stock exchange market update

Today (9th September 2016) Bourse turnover surged to Ugx. 1.51Bn ($447,597) from Ugx. 677.42Mn ($200,658) as at the end of 8th September 2016. UMEME...

Shilling to remain stable as end month effects wear off

The Uganda shilling lost some ground in the early part of the week due to uptick in demand. But, it later recovered and remained...

Chinese Currency gains momentum across India

Recent SWIFT data shows that India’s use of RMB for payments in value with China and Hong Kong is on the rise, but the...

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...

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...

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,...

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...

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...

Shilling likely to experience slight pressure

The Uganda shilling underwent some slight volatility as supply dwindled and demand picked up mainly from the manufacturing and energy sectors. Trading was in...

Uganda shilling trades within a narrow range

The Uganda shilling traded within a narrow range as most market players remained out of the market. Liquidity remained tight in the money market....