Wednesday, June 26, 2019
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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...

Shilling to remain on the flatline

The shilling eased slightly early in the week after the Central Bank cut its policy rate as traders rushed to cover open...

Outlook for the shilling point to a stable currency

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling was a touch weaker in a short trading week undermined by a...

Outlook for the shilling: demand to remain at a low ebb

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling was relatively stable, trading within range as market demand was evenly matched...

Uganda shilling remains broadly stable

By Stephen Kaboyo The Uganda shilling remained broadly stable as market players focused on settling mid-month tax obligation. Demand was dull with trading confined in...

Shilling to remain steady buoyed by subdued market demand

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling held steady against the dollar due to subsiding demand activity on the...

Bank of Uganda maintains CBR at 9%

(adsbygoogle = window.adsbygoogle || ).push({}); Bank of Uganda has maintained the Central Bank Rate (CBR) at 9% after reducing it from 9.5%...

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...

Shilling to trade in a narrow range

(adsbygoogle = window.adsbygoogle || ).push({}); The Uganda shilling maintained a strong foothold despite pockets of demand that emerged from corporates and interbank...

African Capital Markets reflect strong figures for 2015 – but challenging...

The year 2015 was a challenging year for African capital markets in the wake of market volatility and the emergence of renewed global economic...