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,…
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…
Stephen Kaboyo, an international financial markets consultant has been appointed the Honorary Consul of the Czech Republic in Kampala, Uganda. The appointment was made by Mr. Tomáš Petříček, the Czech…
Ahead of the Central Bank’s announcement of its June 2020 Monetary Policy, experts have predicted that Bank of Uganda, will further cut its Central Bank Rate (CBR), in a bid…
The Ugandan Shilling this week, traded flat against a muted demand for the US Dollar. The shilling was on one hand supported by end month flows from charities and coffee…
The Uganda Shilling remained stable for most of the trading session, opening the week in the range of 3788/98 and closing at 3785/95 on the back of hard currency flows…
The forex market was calm with the UGX trading flat for most of the trading sessions as market activity was at the lowest ebb. Market players were seen on the…
Following a short-lived rebound early in the week, the local currency fell to a weekly low, testing the resistance level of UGX3,800, undercut by a pickup in demand from market…
“When you are faced by a prospect of famine, your first impulse should not be to go after the only planting seeds you have kept in your granary for the…
BOU to cut the policy rate for April 2020 Globally Central Banks have reacted en masse to prop up their economies in the face of the Covid-19. BOU is expected…
