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Tag: USD rose against major currencies as sentiment were lifted

Markets

USD rose against major currencies as sentiment were lifted

18th April 2018 EABW EditorComment(1)

KAMPALA, Uganda–The Uganda shilling held steady at the 3680/3700 levels against the U.S. dollar on Tuesday, bolstered by low appetite for hard currency from key players as tight liquidity keyed into the local money market arena. The Central Bank injected Ugx 170.5 bio in the money market via a 2 day reverse re-purchase agreement in […]

In the market

Kenya-Somalia Border Mandera to Opened After Ten Year
Africa Markets

Kenya-Somalia Border Mandera to Opened After Ten Year

3rd February 2023 Godfrey Ivudria Comment(0)

Plans for the reopening of the Kenya-Somalia border in Mandera are nearing conclusion, with the renovation of the Customs Border Control Point set to begin soon. This follows a series of high-level consultations between the two countries with the intent to advance new spheres of shared interests, particularly cross-border trade and regional security. Interior Cabinet […]

EAC Kickstarts Verification to Admit Somalia

EAC Kickstarts Verification to Admit Somalia

30th January 2023 Godfrey Ivudria Comment(0)

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