Uganda shilling performance Archives – Page 9 of 9

October 9 – October 16, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesOctober 16, 2020October 16, 2020

The local currency hit pockets of volatility in early trade but price action became less intense towards the end of week as demand subsided. Mid-month tax payments did little to…

September 25 – October 2, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesOctober 2, 2020October 2, 2020

The Uganda shilling tumbled to trade near a two month low undermined by a surge in corporate and importer demand as the country opened up its entry points. At the…

September 18 – September 25, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesSeptember 25, 2020September 25, 2020

The Uganda shilling slid mid-week and remained weak, retreating to a weekly low to trade slightly above the key level of 3,700. USD/UGX pair was to a large extent sentiment…

July 31 – August 7, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

CEO ReporterBanking & Financial ServicesAugust 7, 2020

The local currency traded unchanged, holding firm for most of the trading sessions on the back of offshore portfolio flows that improved supply conditions in the market. Bid and ask…