Market Wrap: Stable currency as BOU mops excess cash
Money markets were liquid, prompting the Bank of Uganda (BoU) to conduct an overnight mop-up repo, according to Absa.
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Market Wrap: Stable currency as BOU mops excess cash
By NewVision Reporter
Journalists @NewVision
The Uganda shilling was stable during Wednesday’s session, trading at the 3755 / 3765 levels all day on the back of balanced demand and supply.
Money markets were