Shilling retains ground
Uganda Shilling notes in bundles. The Uganda Shilling appreciated against the dollar transalting into a 0.3% appreciate rate for May. Courtesy photo
By Patrick Kagenda
The Uganda shilling opened the trading week ending January 10, 2013, stable trading at Ushs 2515/25 and quickly gained ground on account of offshore selling interest and lukewarm demand. By Wednesday the shilling was trading at Ushs 2505/15. According to Stephen Kaboyo the Managing Director at the Alpha Capital Partners Uganda, in the securities market, the central bank hel
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