Tag: Stephen Kaboyo

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...

By Stephen Kaboyo The Uganda shilling was on the back foot trading at a six week low of 3715/25. The unit dropped 0.54% to...

By: Stephen Kaboyo The local currency traded flat against the dollar amid subdued demand. Supply was enhanced by commodity flows and energy investors taking party...

By: Stephen Kaboyo The Uganda shilling was a touch weaker on uptick in demand mainly from fuel importers and manufacturers. In most trading sessions of...

Being a low-income nation, Uganda is frequently caught off guard and unprepared when natural disasters strike. The results of severe weather events—floods, droughts, strong...

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...

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

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

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

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