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Saturday, June 24, 2017
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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...

Uganda’s imports banned from Russia-watchdog

Rosselkhoznadzor bans import of fruit, vegetables and flowers from Uganda because of concerns that prohibited products may be supplied through smuggling to Russia, official...

Uganda Shilling gyrates as the Dollar drops

The Uganda shilling gyrated within a range, weakening as demand surged on account of interbank buying and importers forex needs. In the money market,...

Uganda Shillings recoups

The Uganda shilling tumbled in the early part of the week threatening to breach a key psychological level of 3400 but recouped some losses...

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...

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 Shillings bearish trend likely to continue

The Uganda shilling ( Ugx) continued on the downside, extending reversal of the rally seen in the last couple of months. This was...

Investment flows through offshore hubs fall, but remain at high level

The volatility of investment flows to offshore financial hubs – including those to offshore financial centers and special purpose entities (SPEs ) –...