FinanceNews & AnalysisThe Big Story

May 13th – May 19th, 2023: Weekly financial markets review and outlook

Uganda's Central Bank has revised key capital buffers to enhance resilience
by Stephen Kaboyo
Getting your Trinity Audio player ready...
The Ugandan Shilling was relatively stable with flows from commodity Exeter’s and offshore investors lending support. The unit held in a narrow range of  2715/25. In the neighbouring Kenya market, the Kenyan Shilling lost ground on elevated dollar demand from various sectors, trading at 137.38, and was kept to surrender more ground. In the bond market, the 5 and 20-year bond yields he

Thank You For Reading CEO East Africa Magazine.

Please SUBSCRIBE for UNLIMITED ACCESS to our game-changing stories or LOG IN for existing members.

Tagged:
About the Author

Stephen Kaboyo is the Founder and Managing Director of Alpha Capital Partners, an indigenous Ugandan firm focusing on sovereign asset management, foreign exchange trading strategies and financial markets advisory.