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Tag: The Uganda Shilling stabilizes against U.S dollar on Wednesday

Markets

The Uganda Shilling stabilized against U.S dollar on Wednesday

31st May 2018 EABW EditorComment(0)

KAMPALA, Uganda–The Uganda Shilling was broadly stable at the 3755/3775 levels against the U.S dollar throughout Wednesday’s trading session amidst an unforeseen uptick in demand for local currency in the money market arena. Overnight interbank rates printed weighted average rates of 13.5 per cent from 7.5 per cent the previous day. On the last trading […]

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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