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Tag: Uptick in activity in local FX market saw home unit trade weaker against the dollar

Uptick in activity in local FX market saw home unit trade weaker against the dollar
Markets

Uptick in activity in local FX market saw home unit trade weaker against the dollar

24th August 2018 EABW EditorComment(0)

Uptick in activity in local FX market saw home unit trade weaker against the dollar later in the day. Commercial banks quoted the USD/UGX pair at the 3738/3758 levels, a little changed from Wednesday’s close. Ahead of the weekend, the shilling embarks on a cautionary trade amidst growing greenback demand from importers. However, anticipated inflows […]

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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