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Tag: The Uganda Shilling extends gains against the U.S dollar

Markets

The Uganda Shilling extends gains against the U.S dollar

9th July 2018 EABW EditorComment(0)

KAMPALA, Uganda–The Uganda shilling extended the week’s gains against the U.S dollar on Friday as some commercial banks converted their dollar holdings to cope with the local currency liquidity squeeze. On Friday commercial banks quoted the shilling at 3825/3845, compared to Thursday’s close of 3835/3855. The shilling has rallied against the greenback in recent days, […]

In the market

New Jobs, Orders Rise in April PMI
Africa Markets

New Jobs, Orders Rise in April PMI

9th May 2022 Godfrey Ivudria Comment(0)

May 5, 2022 – Kampala, Uganda: The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened, helping generate new jobs. Readings above 50.0 mean improvement in business conditions on the previous month while readings that […]

Record Performance in Latest Full-Year Earnings-AFC

Record Performance in Latest Full-Year Earnings-AFC

4th April 2022 Godfrey Ivudria Comment(0)

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