Sunday, November 27, 2022
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Money markets; importers in brisk business as the shilling continues to...

By Stephen Kaboyo The Uganda shilling continued on its strengthening trend joining a global rally amid weakness of the dollar. In the local market...

Shilling continues to beat expectations, threatens to break the lower ...

By Stephen Kaboyo The Uganda shilling continued to beat expectations and maintained a bullish stance supported by remittances and charities. The unit threatened to...

Shilling trades below the 3800 level for the first time in...

By Stephen Kaboyo The Uganda shilling reversed course and slightly strengthened as end month flows gave support amid subdued demand. The unit traded below the...

Uganda shilling stable in thin trade

By Stephen Kaboyo The Uganda shilling firmed in thin trade. Activity was low on both counters. The unit was quoted at 3825/35 in...

Uganda shilling to extend its losses in the coming weeks

By Stephen Kaboyo The Uganda shilling surrendered its previous gains on revived demand by local firms for imports amid dollar supply dearth. The unit...

Uganda shilling marginally gains as it searches for a meaningful direction

By Stephen Kaboyo The Uganda shilling marginally gained as it searched for a meaningful direction on either side of 3800 mark. The unit joined...

Market watch: Why the odds are in favor of a weakening...

By Stephen Kaboyo The Uganda shilling was in a sideways consolidation phase with minor bearish pressure but was showing signs of reversing as...

Uganda shilling trades pretty much in no- man’s land

by Stephen Kaboyo It was choppy trading for the Uganda shilling with mid-month effect cooling the demand side. The unit traded pretty much in no-...

Money markets: Uganda shilling firmed in volatile trade

by Stephen Kaboyo The Uganda shilling firmed in volatile trade that saw both gains and losses. On one hand commodity flows boosted the supply side...

Shilling watch: Unit crosses over into 3800 territory on both bid...

The Uganda shilling was set to end the week on a weaker tone, reversing the gaining streak on rebound of strong demand mainly from...
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