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    Uganda shilling performance

    September 3 – September 10, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsSeptember 10, 2021September 10, 2021

    The local currency underwent a lite volatile spin mainly driven by interbank short covering and some importer demand. Trading held in the range of 3515/30. In fixed income space, government…

    August 27 – September 3, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsSeptember 3, 2021September 3, 2021

    The shilling gained boost along with other risk sensitive currencies as investor confidence remained high on account of global markets remaining largely flat as the US Federal Reserve is seen…

    August 20 – August 27, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsAugust 27, 2021August 27, 2021

    The local currency traded unchanged, underpinned by seasonal month end flows that improved supply conditions amid sluggish demand. The currency held in the range of 3530/40. In the regional markets,…

    August 13 – August 20, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesBusiness & MarketsAugust 20, 2021August 20, 2021

    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…

    August 6 – August 13, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesNews & AnalysisAugust 13, 2021August 13, 2021

    The Uganda Shilling was slightly firmer on account of subdued demand from the main players in the market. Trading held in a narrow range of 3525/35. In the fixed income…

    July 30 – August 6, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesAugust 6, 2021August 6, 2021

    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…

    July 23 – July 30, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesJuly 30, 2021July 30, 2021

    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…

    July 16 – July 23, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesJuly 23, 2021July 23, 2021

    The shilling uptrend gained momentum on interbank sell off that improved supply levels in the market. The unit was quoted at 3545/55, a touch stronger from the week’s opening levels….

    July 9 – July 16, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesJuly 16, 2021July 16, 2021

    The shilling traded with uptrend bias supported by sizeable flows mainly from commodities and portfolio funds targeting the bond market. Market players quoted the shilling at 3540/50. In the bond…

    July 2 – July 9, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

    CEO ReporterBanking & Financial ServicesJuly 9, 2021July 9, 2021

    The local currency traded flat holding at 3540/50, underpinned by ebbing demand from the main market players as economic slowdown continues on account of the domestic lockdown. The money markets…

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