19 C
Kampala
Tuesday, August 22, 2017
- Advertisement -

Shilling expected to remain flat in the coming weeks

It was a non trending market for the Uganda Shilling (Ugx) and the US Dollar (USD) pair during the week as market activity remained...

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...

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 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...

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....

Chinese currency in a gradual slowdown

Data from SWIFT’s RMB Tracker shows that despite continued growth globally, the Canadian dollar has overtaken the RMB with a 1.96% share of world...

Uganda shilling remains stable in a humdrum market

The shilling was relatively stable in a humdrum market characterized by subdued demand. The unit remained in the of range of 3390/3400...

Inflation rises to 6% on fuel, charcoal

After a declining trend since December 2015, the general rise in prices of goods and services – inflation – edged up by a higher...

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,...

Diversify from oil, Uganda advised by World Bank

The World Bank Uganda Country Economic Memorandum titled “Economic diversification and growth in the era of oil and volatility,” cautions the government not to...