Markets


Dollar in narrow range as focus shifts to Trump’s China response

Dollar in narrow range as focus shifts to Trump’s China response

The local currency shone on Thursday, gaining traction versus the dollar, amid trivial activity. Despite demand for dollars from the corporate and interbank players, the shilling was propelled to close at
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Deal making in East and Horn of Africa amidst the current pandemic

Deal making in East and Horn of Africa amidst the current pandemic

By Wambua Mutua Deal makers are looking forward for investments and M&A activities to pick up in last quarter of 2020. East Africa investments are set to remain at low levels through
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Dollar slips amid vaccine hopes as Japan reopens

Dollar slips amid vaccine hopes as Japan reopens

Overall market lethargy left the Uganda shilling trading flat against the U.S. currency in yesterday’s trading session. Fickle dollar supply by corporate players was evenly matched by a dearth inactivity on
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Dollar holds gains amid fresh U.S.-China tensions

Dollar holds gains amid fresh U.S.-China tensions

The local foreign exchange market experienced calm on Thursday with the Uganda shilling trading within a narrow band against the U.S. unit. Paltry dollar inflows just about matched demand for foreign
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