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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

Standard Chartered launches Offshore Mutual Funds
Africa Markets

Standard Chartered launches Offshore Mutual Funds

23rd January 202323rd January 2023 Godfrey Ivudria Comment(0)

Kampala, Monday, 23rd January 2023: Standard Chartered Bank Uganda has today launched an offshore Mutual Funds product for their clients during a press conference held at Kampala Serena Hotel and presided over by the Bank’s CEO, Sanjay Rughani and Keith Kalyegira, the CEO, Capital Markets Authority among other executives. With this proposition, the Bank’s clients will enjoy access […]

Kenya’s Economy to Slow Down at 5% in 2023

Kenya’s Economy to Slow Down at 5% in 2023

23rd January 202323rd January 2023 Godfrey Ivudria Comment(0)

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