The Uganda shilling continued to battle a range of headwinds surrendering gains post Bank of Uganda intervention. Foreign portfolio disinvestment was the main driver of the currency weakness during the…
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The Uganda shilling was under stress trading above the key psychological level of 3800 for the first time in months. Towards closure of the week the unit cooled off, lifted…
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The Uganda shilling was on a losing streak, trading at its lowest in months plagued by the reality of inflation pressures and high oil import demand. The energy forex requirements…
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The Uganda shilling posted sharp losses buoyed by a surge in demand from commercial banks, manufacturing and energy sectors. The unit broke through key levels to trade at 3665/75.In the…
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The shilling nursed losses testing 100 day low touching 3600 technical level, pressured by substantial demand from commercial banks, energy and manufacturing sectors. The UGX trend was similar to its…
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The Uganda shilling slipped amid elevated greenback demand late in the week, wiping off earlier mild gains as a result of some export flows and interbank position unwinding. Trading was…
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The Uganda shilling was on the back foot undermined by an upsurge in demand from importers and interbank. The unit lost its previous week momentum and traded at 3550/60.In fixed…
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The Uganda shilling was wobbly on uptick of interbank demand as business activity picked up following an Easter holiday break. Trading held in the range of 3525/3535.In the bond market,…
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The Uganda shilling traded with a mild appreciation bias following a dovish central bank monetary policy decision to keep the policy rate unchanged . The unit traded in the range…
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Uganda’s Capital Markets have had an exceptional year. For one, Collective Investments Schemes (CIS) assets under management leapt 97.2% to UGX984b for the year ended December 2021.Accounts opened have moved…
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