PREMIUM
Business
How the currency fared on Tuesday
According to Absa traders the marginal strengthening during the day “triggered some demand and led it to close at the 3762/3772 levels.”
Overnight yields remained high at averages of 11.94% ahead of the Bank of Uganda's scheduled 5-year and 15-year treasury bond auction tomorrow (May 15).
By: NewVision Reporter, Journalists @NewVision
_____________________
The Uganda shilling traded stable during Tuesday’s session, with the unit buying within a narrow band opening at 3760/3770 levels, strengthening briefly to touch highs at