Wednesday, October 5, 2022
- Advertisement -

Money markets: Shilling ticked slightly higher in thin trading

The Uganda shilling ticked slightly higher in thin trading on cautious optimism as the economy opens up. Sustained market inflows also worked in favour...

Shilling to trade with a slightly weakening tone on anticipation of...

In the first trading week of the year, the Uganda shilling was little changed following a quiet holiday period. Market activity remained low as...

Market watch: Uganda shilling extends its gains on sustained flows

The Uganda shilling extended its gains on sustained flows mainly from remittances against thin demand. The unit traded within the range of 3560/70. In the...

Shilling finds support in a fairly stable market environment

The local currency found support in a fairly stable market environment characterized by lack of vigour on the demand side against sufficient supply levels....

Shilling to trade with an appreciation bias in the coming weeks

The Uganda shilling got a boost from export flows as well as end month conversion that lifted up the local unit to trade at...

Market watch: Uganda shilling to post further losses

The shilling surrendered some ground shedding off at least 15 units on the back of heavy demand from fuel importers stocking up for end...

Shilling watch: Bank of Uganda mops up excess dollars to build...

It was a bull run for the local currency in all the trading sessions of the week, drawing support from the surge in seasonal...

Shilling holds ground amid low activity on both supply & demand...

(adsbygoogle = window.adsbygoogle || ).push({}); The Uganda shilling was slightly firmer amid low activity on both supply and demand counters, the...

Shilling to gain ground supported by conversions by foreign investors participating...

(adsbygoogle = window.adsbygoogle || ).push({}); The Uganda shilling showed its volatile side in the recent days having endured a torrid time...

Treasury to rely on domestic borrowing to plug revenue shortfalls as...

(adsbygoogle = window.adsbygoogle || ).push({}); The local currency underwent a lite volatile spin mainly driven by interbank short covering and some...