Ugandan shilling marginally firmer; dollar demand low KAMPALA: The Ugandan shilling was slightly firmer on Thursday, with demand for dollars flat from all sectors,... Published 02 May, 2024 03:40pm
Markets Ugandan shilling stable, draws support from commodity exports KAMPALA: The Ugandan shilling was unchanged on Monday, as dollar inflows from exporters of commodities like coffee... Published 29 Apr, 2024 02:46pm
Markets Ugandan shilling marginally higher as demand slumps KAMPALA: The Ugandan shilling was marginally stronger on Friday amid a general slump in appetite for hard currency... Published 19 Apr, 2024 01:42pm
Markets Uganda shilling stable; to gain as banks cut dollar positions KAMPALA: The Ugandan shilling was steady on Friday and was expected to gain ground, helped by commercial banks... Published 05 Apr, 2024 02:38pm
Markets Ugandan shilling little-changed, expected to firm KAMPALA: The Ugandan shilling was little-changed on Thursday but was expected to firm due to dollar inflows from... Published 04 Apr, 2024 02:16pm
Markets Ugandan shilling weaker on energy, manufacturing dollar demand KAMPALA: The Ugandan shilling was weaker against the dollar on Wednesday compared to the previous session, hurt by... Published 27 Mar, 2024 03:25pm
Markets Ugandan shilling little changed as commodity flows lend support KAMPALA: The Ugandan shilling was little changed on Tuesday, with hard-currency inflows from commodities exporters... Published 26 Mar, 2024 02:48pm
Markets Ugandan shilling flat, may weaken on inter bank demand KAMPALA: The Ugandan shilling was flat on Monday, but some appetite for hard currency from inter bank players was... Published 25 Mar, 2024 02:32pm
Markets Ugandan shilling weakens due to energy and manufacturing sector FX demand KAMPALA: The Ugandan shilling weakened on Friday, undermined by appetite for dollars from the energy and... Published 22 Mar, 2024 02:09pm
Markets Ugandan shilling stable as taxes tame demand KAMPALA: The Ugandan shilling was unchanged on Friday, with importer demand for hard currency suppressed by... Published 15 Mar, 2024 02:40pm
Markets Ugandan shilling stable as commodity flows offer support KAMPALA: The Ugandan shilling was flat on Monday, with inflows of hard currency from exporters of commodities like... Published 11 Mar, 2024 03:01pm
Markets Ugandan shilling steady; to ease due to commercial bank FX demand KAMPALA: The Ugandan shilling was steady, although it was forecast to weaken in the days ahead due to increased... Published 21 Feb, 2024 03:32pm
Markets Ugandan shilling unchanged; importer dollar demand low KAMPALA: The Ugandan shilling was stable on Wednesday amid slow demand for dollars from commercial banks and... Published 24 Jan, 2024 03:23pm
Markets Ugandan shilling stable on NGOs and commodity exporter dollar inflows KAMPALA: The Ugandan shilling was stable on Thursday, supported by inflows of hard currency from non-governmental... Published 18 Jan, 2024 02:59pm
Markets Ugandan shilling a notch weaker on uptick in importer demand KAMPALA: The Ugandan shilling traded slightly weaker on Monday, as an uptick in demand for dollars from merchandise... Published 15 Jan, 2024 03:11pm
Markets Ugandan shilling stable, draws support from coffee export inflows KAMPALA: The Ugandan shilling was stable on Wednesday, with dollar inflows from coffee exporters meeting importer... Published 10 Jan, 2024 02:39pm
Markets Ugandan shilling stable, to weaken due to energy sector FX demand KAMPALA: The Ugandan shilling was unchanged on Thursday but was biased to weaken on the back of increased appetite... Published 04 Jan, 2024 01:24pm
Markets Ugandan shilling stable, commodity dollar inflows lend support KAMPALA: The Ugandan shilling traded stable on Tuesday, with some inflows from exporters of coffee and tea providing... Published 02 Jan, 2024 01:39pm
Markets Uganda shilling stronger due to slower importer FX demand KAMPALA: The Ugandan shilling strengthened on Wednesday, helped by slowing demand for dollars from merchandise... Published 13 Dec, 2023 02:45pm
Markets Uganda shilling stable in quiet trade KAMPALA: The Ugandan shilling traded stable on Friday amid a slowdown in both supply and demand of foreign exchange,... Published 01 Dec, 2023 06:31pm
Markets Ugandan shilling weakens on uptick in importer demand KAMPALA: The Ugandan shilling traded weaker on Wednesday, undermined by an uptick in demand from energy and other... Published 25 Oct, 2023 12:46pm
Markets Ugandan shilling gains ground, helped by slowing importer demand KAMPALA: The Ugandan shilling strengthened on Thursday, helped by a slowdown in demand for dollars from merchandise... Published 01 Jun, 2023 01:47pm
Business & Finance African Currencies Week Ahead: Zambian kwacha seen firming, other African currencies stable LUSAKA: Zambia’s currency is likely to firm next week as Kenya, Uganda and Tanzania’s hold steady. ZAMBIA ... Published 15 Aug, 2022 05:41am
Markets Uganda hikes rates for first time since October 2018 to tame inflation KAMPALA: Uganda’s central bank raised its key lending rate on Thursday in a move that deputy governor Michael... Published 02 Jun, 2022 06:08pm
Markets Kenya, Zambia, Uganda currencies seen softer NAIROBI: The Kenyan, Zambian and Ugandan currencies are expected to weaken next week, while those from Nigeria and... Published 06 Jan, 2022 06:40pm
Markets Ugandan shilling flat, may weaken from importer dollar demand KAMPALA: The Ugandan shilling was stable on Monday, but was expected to weaken due to a surge in importer dollar... Published 01 Nov, 2021 02:24pm
Markets Kenya's shilling to strengthen, Tanzania's to hold steady The Kenyan shilling is expected to strengthen against the dollar next week, helped by inflows from the diaspora, a trader at a commercial bank said. Commercial banks quoted the shilling at 2,314/2,324 against the dollar, the same levels recorded a week earlier. Published 24 Jun, 2021 05:59pm
Markets Zambia's kwacha seen on back foot, Kenyan shilling firm The kwacha is likely to remain under pressure against the dollar as demand for hard currency outweighs supply. Tanzania's shilling is expected to hold steady next week with support from moderate US dollar demand from importers and inflows from investors. Published 03 Jun, 2021 08:27pm
Business & Finance African currencies week ahead: Shilling, kwacha to hold steady, naira to ease ABUJA: The Kenyan, Ugandan and Tanzanian shillings and Zambia’s kwacha are expected to be stable against the ... Published 31 May, 2021 03:12am
Markets South Africa's rand weaker as rising Asian coronavirus cases dent risk demand In a poll by Reuters last week, all 25 of economists surveyed see the Monetary Policy Committee (MPC) of South Africa's Reserve Bank (SARB) keeping its repo rate unchanged for a fifth straight meeting at a record low 3.5% next week. Published 17 May, 2021 03:36pm