A persistent lack of dollar demand continued to boost the performance of the shilling against the dollar on Tuesday.

Shilling ends Friday unchanged against dollar

The shilling traded sideways against its American counterpart, though ending the day unchanged from previous close. Lack of economic news left most of the players sidelined with price action for the USD/UGX pair guided mostly by flows. Corporate dollar demand remained well matched by foreign currency inflows from various sectors of the economy throughout the […]