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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

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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