In the first trading week of the year, the Uganda shilling was little changed following a quiet holiday period. Market activity remained low as most market players were yet to…
The Uganda shilling extended its gains on sustained flows mainly from remittances against thin demand. The unit traded within the range of 3560/70. In the fixed income, the treasury bill…
The local currency found support in a fairly stable market environment characterized by lack of vigour on the demand side against sufficient supply levels. Trading was confined in a tight…
The Uganda shilling got a boost from export flows as well end month conversion that lifted up the local unit to trade at 3550/60. In fixed income markets, yields on…
The Uganda shilling surrendered some ground shedding off at least 15 units on the back of heavy demand from fuel importers stocking up for end of year. Trading was in…
The Uganda shilling steadied against the dollar, recouping its losses, largely supported by offshore dollar inflows. The dollar- UGX rate hovered around 3550 throughout the week. In the regional markets,…
The Uganda shilling showed its volatile side in recent days having endured a torrid time last week crossing a key level of 3650 against a resurgent dollar. This week how’re…
The local currency backtracked to hit record lows on demand jitters, testing a key level of 3600. Demand was mainly from oil importers and some interbank activity. In fixed income,…
The local currency was up against elevated demand, trading weaker touching a key level of 3550 with the bearish mode likely to linger on. In the fixed income, yields on…
It was a sideways drift for the Uganda shilling with forces of supply and demand in the market nearly equal. Trading held in the range of 3525/35 In the fixed…
