19 C
Kampala
Sunday, March 26, 2017
- Advertisement -

Chinese currency remains the 5th most active currency for global payments-SWIFT

In December 2015, the RMB remained stable in its position as the fifth most active currency for global payments by value and accounted for...

Uganda Shilling continues to slide against the US Dollar

The shilling continued to slide against the dollar during the week, trading inside the range of 3450-3490. The market witnessed increased buying pressure as...

Sub-Saharan African Eurobonds experiencing the worst in 2016

Sub-Saharan African Eurobonds are experiencing the worst start to a year on record, accounting for half of the 20 worst performing dollar bonds...

Oil prices fall below $30 a barrel

Oil prices fell below $30 a barrel on Friday amid continued turmoil in Chinese markets and concerns over Iranian oil exports, with the lifting...

Euro zone investor confidence plunges

China’s stock markets tumbled again on Monday with the Shanghai Composite Index and the CSI 300 index tumbling more than 5 percent after a...

Global stocks tumbled for a sixth day as China suspends stock...

Global stocks tumbled for a sixth day on Thursday as another plunge in Chinese shares and oil prices and further weakness in China’s...

Shilling to hold steady as market players close down for the...

By Stephen Kaboyo The shilling traded side ways during the week opening weak, dropping slightly and recovering as the week progressed. Corporate demand remained subdued...

Bank of Uganda likely to maintain the Central Bank Rate

By Stephen Kaboyo The Bank of Uganda’s inflation forecasts as outlined in the last monetary policy statement point to a higher level than the...

Industrial production falls in Euro Area, Rwanda launches new PPPs

Euro-area government bond yields and the euro fell on Thursday after European Central Bank President Mario Draghi reiterated that further monetary stimulus could be...