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    Uganda shilling performance

    April 8 – April 15, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsNews & AnalysisApril 15, 2022April 15, 2022

    The Uganda shilling traded with a mild appreciation bias following a dovish central bank monetary policy decision to keep the policy rate unchanged . The unit traded in the range…

    March 25 – April 1, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsApril 1, 2022April 1, 2022

    The Uganda shilling traded firmer, propped up by end month flows that improved supply levels amid subdued demand. Bid and ask held at 3585/95. In fixed income space, yields turned…

    March 11 – March 18, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsMarch 18, 2022March 18, 2022

    The local currency recovered from previous week’s losses amid a slow down in appetite for dollars . On the supply side, inflows from coffee and other commodity traders helped in…

    March 4 – March 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsMarch 11, 2022March 11, 2022

    The Uganda shilling surrendered some ground, undercut by a surge in dollar demand from offshore buyers, oil and merchandise importers. The local unit traded just above the 3600 key level…

    February 25 – March 4, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsMarch 4, 2022March 4, 2022

    The Uganda shilling tumbled further, undermined by a surge in demand from offshore investors on a race for liquidity as international sentiment triggered flight to safety. Trading was in the…

    January 4 – February 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    Stephen KaboyoBanking & Financial ServicesBusiness & MarketsFebruary 11, 2022March 8, 2022

    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…

    January 28 – February 4, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsFebruary 4, 2022February 4, 2022

    The Uganda shilling rallied to its highest level in months trading below the key level of 3500 following the announcement of the Final Investment Decision by the international oil companies…

    January 21 – January 28, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsJanuary 28, 2022January 28, 2022

    The Uganda shilling perched on the stable side supported by corporate and interbank market activity and held broadly in the range of 3515/25. In the bond market, investors continued to…

    January 14 – January 21, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsJanuary 21, 2022January 21, 2022

    The local currency kept a positive outlook, as earlier forecast of increased dollar demand underpinned by the reopening of the economy did not come through at the scale that was…

    January 1 – January 7, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsJanuary 7, 2022January 14, 2022

    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…

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