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Tag: House National Economic Counci

Markets

The Uganda Shilling shows resilience against U.S dollar

11th April 201811th April 2018 EABW EditorComments(6)

KAMPALA, Uganda–The Uganda shilling traded stable against the U.S dollar on Thursday, partly supported by a local currency tightening operation by the Central Bank. The USDUGX pair owed solidity to low dollar demand from both inter bank players and importers from the manufacturing, telecom and energy sectors. The pair was quoted at the 3685/3705 levels, […]

In the market

The shilling traded relatively flat versus the greenback in what was a dull Tuesday trading session.
Markets

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11th December 2019 EABW Editor Comment(0)

The shilling traded relatively flat versus the greenback in what was a dull Tuesday trading session. Market activity was surprisingly dreary, with both demand and supply counters sizing each other out. Foreign currency flows were evenly matched for the majority of the session and kept the USDUGX currency pair steady. Looking ahead, flows are likely […]

The Uganda shilling continued its bullish trajectory against the dollar in Thursday’s trading session, boosted by ample dollar supply..

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