The shilling maintained a bullish stance trading below the new improved support of 3700. The unit recovered its losses ending the downtrend seen in the last couple of months. Market…
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The Uganda shilling continued on its strengthening trend joining a global rally amid weakness of the dollar. In the local market there was a general slump in demand while supply…
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The shilling traded flat on the back of thin import appetite underpinned by low business activity. Supply was boosted by cyclical remittances. The unit held at 3740/50.In the neighboring Kenya,…
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The Uganda shilling reversed course and slightly strengthened as end month flows gave support amid subdued demand. The unit traded below the 3800 level for the first time in months….
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The Uganda shilling firmed in thin trade. Activity was low on both counters. The unit was quoted at 3825/35 in most of the trading sessions of the week.In other peer…
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The Uganda shilling surrendered its previous gains on revived demand by local firms for imports amid the dollar supply dearth. The unit traded at 3830/40.In other peer markets most of…
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The Institute of Certified Public Accountants of Uganda (ICPAU), the Capital Markets Authority, Uganda Securities Exchange and Vision Group are set to hold the 2022 Financial Reporting (FiRe) Awards on…
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The Uganda shilling firmed in volatile trade that saw both gains and losses. On one hand commodity flows boosted the supply side while pockets of demand were seen from the…
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The Uganda shilling was set to end the week on a weaker tone, reversing the gaining streak on rebound of strong demand mainly from importers and commercial banks squaring positions….
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The shilling was in a risk off trade as foreign institutional investors continued to reduce their exposure to riskier assets. The currency tested the 3900 level and later retreated to…
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