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Tag: Bank of Uganda

Markets

MARKETS: The shilling closed the week strong against USD

11th April 2018 EABW EditorComment(0)

KAMPALA, Uganda–The Uganda shilling was unchanged against the U.S dollar at last week’s close, supported by hard currency inflows from commodity exporters amidst waning importer and interbank demand. The USDUGX duet was detained within the 3685/3705 levels. This week, market sentiment alludes to a relatively stable pair as mid-month tax payments offer support to the […]

In the market

EAC Kickstarts Verification to Admit Somalia
Africa Markets

EAC Kickstarts Verification to Admit Somalia

30th January 2023 Godfrey Ivudria Comment(0)

The East African Community (EAC) this week officially launched the verification mission to assess Somalia’s readiness to join the regional bloc. A team of experts from the partner states will be in Somalia from January 25 to February 3, 2023. The team will, among other roles, seek to establish the country’s level of conformity with […]

Standard Chartered launches Offshore Mutual Funds

Standard Chartered launches Offshore Mutual Funds

23rd January 202323rd January 2023 Godfrey Ivudria Comment(0)

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