Shilling performance Archives

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

by Stephen KaboyoFinance News & Analysis The Big StoryMay 19, 2023May 19, 2023

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,…

March 19 – March 26, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceMarch 26, 2021March 26, 2021

The shilling opened the week firm, but surrendered some ground on uptick of corporate and interbank demand. The surge was seen as intermittent and was likely not to hold for…

August 7 – August 14, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

by CEO ReporterFinanceAugust 14, 2020August 14, 2020

The Uganda shilling remained stable as demand was dented by mid-month tax payments that kept corporates out of the market. Bid and ask held at 3670/80.In the fixed income market,…