• Dec 01, 2021 . 1 min Read
  • Local unit stable in Wednesday’s session

Local unit stable in Wednesday’s session
Ali Twaha
Journalist @New Vision

The first trading session of December saw balanced activity on the supply and demand counters, keeping the Uganda shilling stable within the 3560/3570 trading range.

Money markets were liquid, according to Absa Trading with overnight yields at averages of 5.00%. 

The Bank of Uganda held a sh500b two-year and 10-year treasury bond auction in which yields cleared at averages of 11.00% and 14.00% respectively.

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