The Uganda shilling was relatively volatile as it responded to the demand and supply imbalances in the market. Investor sentiment and trading moves were see-sawing most of the sessions. Trading…
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 local unit was relatively stable with a bit of interbank demand that emerged well managed by the available supply in the market as players squared off. Trading held in…
The shilling was a touch stronger at the close of the week, well supported by sufficient flows that kept demand in check. Major players quoted the shilling at 3540/50. In…
The shilling was slightly firmer for the good part of the week as seasonal end month flows mainly from commodities exporters and remittances offered support. However towards the end of…
The Uganda Shilling held steady with supply side showing strong response against tepid demand. Trading was in the range of 3665/75. In other UGX peer currencies, the trend was similar…
The local currency backtracked mid-week pausing the stable stance in the previous sessions. The shilling breached a key level of 3,700 on the sell side as demand surged mainly from…
The local currency traded marginally stronger, pulling away from the key technical level of 3700, with both counters trading below that level as supply conditions improved, against subdued demand. Bid…
The Uganda Shilling remained stable for most of the trading session, opening the week in the range of 3788/98 and closing at 3785/95 on the back of hard currency flows…
