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…
The Uganda shilling continued to beat expectations and maintained a bullish stance supported by remittances and charities. The unit threatened to break lower the support level of 3750. In the…
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….
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…
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…
The Uganda shilling marginally gained as it searched for a meaningful direction on either side of 3800 mark. The unit joined a global risk rally amid weakness in the US…
The Uganda shilling was caught in crossfire of a strengthening dollar as the local market stayed long USD. Markets remained cautious as weekly losses for risky assets were exacerbated by…
It was choppy trading for the Uganda shilling with mid month effect cooling the demand side. The unit traded pretty much in no- man’s land, unable to break below 3800…
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…
The Uganda shilling held steady, trading within range amid low dollar appetite across all sectors. Supply was beefed up by end month conversions. The unit was quoted at 3800/10. The…
