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Tag: Low slung greenback demand boosts continued gain of local currency

Low slung greenback demand boosts continued gain of local currency
Markets

Low slung greenback demand boosts continued gain of local currency

10th August 2018 EABW EditorComment(0)

Low slung greenback demand boosts continued gain of local currency: The Uganda shilling continued to gain against the U.S. dollar on Thursday as greenback demand maintained its low slung amidst high liquidity in the money market. The USD/UGX pair leveled at 3660/3680 ranges from 3665/3685 on Wednesday. The Central bank was actively seen in 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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