Currency update from Monday's session
Money markets were liquid during the session, with overnight trades averaging at 7.27%, while one week at 9.88%.
Currency update from Monday's session
By Ali Twaha
Journalists @New Vision
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The Uganda shilling lost ground Monday closing the day’s trading at 3587/3597 levels compared to the opening of 3580 3590.
The weakness stemmed from limited dollar supply amidst demand from manufacturers and energy players, according to Absa traders.
Money markets were liquid during the session, with overnight trades averaging at 7.27%, while one week at 9.88%.
Bank of Uganda has scheduled a sh990b treasury bond auction on July 9, 2025, with three bonds on offer: a new 3-year bond, a 10-year reopening and 20 20-year reopening.