Kenyan currency seen stable; Nigeria’s and Zambia’s under pressure NAIROBI: The Kenyan and Ugandan currencies are forecast to remain relatively stable in the next week to Thursday,... Published 23 May, 2024 05:00pm
Markets Ugandan shilling weakens on energy sector FX demand KAMPALA: The Ugandan shilling weakened on Wednesday on the back of increased demand for dollars from commercial... Published 22 May, 2024 03:48pm
Markets Ugandan shilling weaker as ratings downgrade spooks commercial banks KAMPALA: The Ugandan shilling was a notch weaker on Monday, after a downgrade of the country’s credit rating spooked... Published 20 May, 2024 03:05pm
Markets 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