Markets


Persistent lack of dollar demand boosts the shilling performance

Persistent lack of dollar demand boosts the shilling performance

A persistent lack of dollar demand continued to boost the performance of the shilling against the dollar on Tuesday. With supply for foreign currency outweighing dollar buyers, the home unit
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Uganda shilling creeps higher than greenback

Uganda shilling creeps higher than greenback

The Uganda shilling crept higher against the dollar on Monday, a session that saw a late uptick in market activity especially on the foreign currency supply counter. After holding steady in
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Shilling ends Friday unchanged against dollar

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
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Shilling registers little change versus dollar on Thursday

Shilling registers little change versus dollar on Thursday

The shilling was little changed versus the dollar on Thursday, ending the day at levels similar to previous close. Fickle dollar supply by corporate players was evenly matched by a dearth
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