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…
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…
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,…
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…
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…
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…
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….
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…
The Uganda shilling oscillated in a narrow range of 3540/50 mainly on interbank and corporate market activity. Commercials banks were seen covering positions. The unit was a touch weaker after…
The shilling was stable, supported by size able flows from agriculture commodity exports. However, a sense of caution enveloped the markets as speculation around government new measures to deal with…
