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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

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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