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Markets

Greenback inflows from exporters firm Uganda Shilling

24th July 2018 EABW EditorComment(0)

CBAU MARKET NEWS 24 07 2018

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EABW Editor
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Overall market lethargy left the Uganda shilling trading flat against the U.S. currency in Monday’s trading session.
Markets

Pound surges as Farage pledge not to fight Tories

12th November 2019 EABW Editor

Overall market lethargy left the Uganda shilling trading flat against the U.S. currency in Monday’s trading session. Fickle dollar supply by corporate players was evenly matched by dearth inactivity on the foreign currency demand counter that left the home unit stuck within the 3685-3705 trough versus the dollar. The USDUGX currency pair looks settled, and […]

The local Foreign Exchange market was quiet yesterday, with evenly matched trades keeping volatility at a minimum.
Markets

Local unit trades relatively flat against dollar

9th July 2019 EABW Editor

The shilling traded relatively flat versus the greenback in what was a dull start to the week. The home unit was little changed against the dollar in a session that saw both demand and supply equally matched. Dollar demand from corporate and interbank players tipped the scale slightly in the afternoon and helped the USDUGX […]

Increased dollar demand saw the Uganda shilling edge lower against the U.S. unit on Thursday.
Markets

Dollar gains amid markets discontent with European Central Bank

13th March 2020 EABW Editor

Increased dollar demand saw the Uganda shilling edge lower against the U.S. unit on Thursday. The home unit was down 5 shillings, with the USDUGX currency pair closing the day at the upper range of the recently established 3705/3725 farrow, on the back of increased activity on the foreign currency demand counter. We see competing […]

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US Congress is wrong to question Huawei’s academic partnerships
Indian Prime Minister Modi arrives in Uganda

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Africa Markets

COMESA Institutions, CBC and TDB, Partner for the Validation of the Regional Digital Integrated Common Payment Policy for Micro, Small and Medium-sized Enterprises (MSMEs)

21st January 2021 Godfrey Ivudria Comment(0)

Kigali Rwanda, Wednesday 20th January 2021: “The digital payment system platform dividend for COMESA and Africa at large, can be enormous with potential gains in growth of regional trade (sourcing and supply) which is currently below 20%. But turning this vast potential into reality will require the collective efforts of our governments, the private sector, […]

Pfizer Appoints Patrick van der Loo as Regional President for Africa and the Middle East

11th January 2021 Godfrey Ivudria Comment(0)

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