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Shilling forecast: market players to stay on the fence

The Uganda shilling weakened mid- week on upsurge of demand from importers and interbank players. Trading was in the range of 3710/3720. In the...

Shilling to face pressure in the coming weeks

By Stephen Kaboyo The Uganda shilling was on the back foot, weakening as demand rebounded mainly from market players building positions in anticipation of dividend...

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 strengthens, appetite for dollars remains very weak

The Uganda shilling strengthened as demand remained dull with very weak appetite for dollars. . On the supply side, dollar inflows improved, following renewed...

Shilling trades in a volatile mode amidst local and offshore...

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling traded in a volatile mode amidst local and offshore selling....

Bank of Uganda on why the shilling is in a free-fall

(adsbygoogle = window.adsbygoogle || ).push({}); In brief statement issued on Wednesday, the central bank Deputy Governor, Prof Kasekende revealed that the bank...

Uganda shilling weakens to an all-time low, now selling at 3900...

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling weakened to an all-time low on the back of strong interbank demand,...

BoU’s mute action set to fuel speculative attack on the shilling;...

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling continued to post significant losses undermined by strong demand from commercial banks,...

Shilling to trade in range bound, as the market remains in...

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda shilling held steady in a short trading week as demand remained muted against...

Shilling faces depreciation pressure as markets expect a surge in demand

(adsbygoogle = window.adsbygoogle || ).push({}); By Stephen Kaboyo The Uganda Shilling weakened in early part of week as corporate demand picked up, but...
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