The Uganda shilling inched down towards the end of the week as interbank demand rebounded, trading at 3660/3670 compared to previous week’ s closing of 3655/3665 . In the fixed…
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 was broadly stronger, oscillating in a narrow range amid receding dollar demand. The supply side was active with flows offering support. While in other news the monetary…
The Uganda shilling inched up against the dollar, benefiting from subdued trading activity as market players held onto the local currency in preparation of mid-month tax payments. Trading was in…
The shilling powered to its firmest in the last full trading week of year, trading below 3650, building on its recent gains as market flows increased against subdued demand. In…
The local currency traded with a mild bullish bias, gaining slightly on heightened interbank and corporate activity that saw the unit trading within a narrow range of 3690/3700.In other domestic…
The Uganda shilling clawed back some ground in thin trade with the money markets awash with liquidity. The home unit held steady in the range of 3,680/3,700. In the fixed…
The local currency weakened, pausing an advance in the previous sessions that saw the currency on the gaining side. Markets players were seen earlier in the week reposition. The unit…
The home unit (Uganda Shilling) was kept on the edge, mildly dropping, knocked by sustained demand against lacklustre flows. Out turn was also in line with market expectation that the…
The Uganda shilling was on the back foot as demand mostly from merchandise importers surged mid-week and drove the local unit to test record lows of 3730/50. In the fixed…
