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Tag: The Uganda Shilling depreciates against U.S dollar on Friday

Markets

The Uganda Shilling depreciates against U.S dollar on Friday

14th May 2018 EABW EditorComment(1)

BY EABW REPORTER KAMPALA, Uganda–The Uganda Shilling continued its losing streak against the U.S dollar on Friday amidst an upsurge in demand for the hard currency from the manufacturing sector and interbank players. The USD/UGX pair closed the week at the 3707/3730 mark from opening levels of 3703/3723. Relatively calm activity in the forex market […]

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 […]

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6th April 2021 Godfrey Ivudria Comment(0)

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