Tuesday, March 21, 2023
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Uganda shilling woes to persist

By Stephen Kaboyo The Uganda shilling edged lower undercut by persistent demand from importers ahead of March seasonality factors taking center stage. Trading was in...

Uganda shilling stronger on dollar inflows from commodity exports

By Stephen Kaboyo The Uganda shilling was stable trading below a 3700 mark for a third consecutive week on muted dollar demand riding on the...

Money matters: Shilling maintains a bullish stance, trades below the new...

By Stephen Kaboyo The Uganda shilling maintained a bullish stance trading below the new improved support of 3700. The unit recovered its losses ending the...

Uganda shilling holds steady

The Uganda shilling held steady despite the mid-week uptick in demand from mainly fuel importers that pushed the unit mildly lower but the currency...

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...

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...

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-...

Uganda shilling posts sharp losses

The Uganda shilling posted sharp losses buoyed by a surge in demand from commercial banks, manufacturing and energy sectors. The unit broke through key...
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