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Tag: Receding demand for USD by merchant importers gives gain to shilling

Receding demand for USD by merchant importers gives gain to shilling
Markets

Receding demand for USD by merchant importers gives gain to shilling

17th August 201817th August 2018 EABW EditorComment(0)

Receding demand for USD by merchant importers gives gain to shilling: The Uganda shilling was a tad stronger on Thursday supported by a sell-off of dollars by commercial banks amisdt receding demand for the same from the merchant importers. Traders quoted the local unit at the 3745/3765 levels, close to 5 shillings stronger than Wednesdays […]

In the market

Private Companies Post Successive Rise in March-Uganda
Africa Markets

Private Companies Post Successive Rise in March-Uganda

8th April 20218th April 2021 Godfrey Ivudria Comment(0)

Private companies post a successive rise in March. There are signs that the Ugandan economy is gradually returning to the old normal. Growth and rise in business activities of the private sector, as seen at the end of the first quarter are pointing to that. The headline Stanbic Purchasing Managers’ Index (PMI) posted 53.2 in […]

New Report Reveals Illicit Trade in East Africa

New Report Reveals Illicit Trade in East Africa

6th April 2021 Godfrey Ivudria Comment(0)

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