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Friday,October 23,2020 07:39 AM

Dollar

Zimbabwe rolls out 'surrogate' dollars

"The government has been arrogant, dismissing those opposed to the surrogate money as unpatriotic.

Shilling likely to fall further behind dollar...

"Outlook for the shilling indicates sustained depreciation pressure."

Foreign exchange rates

Source: Bank of Uganda(BOU)

Dollar falls vs euro after manufacturing...

The euro, which hit a session high of $1.1536 and for the first time in nine months was trading above $1.15, was fetching a tick below that, at $1.1535,...

Exchange rates

Currency: Buying and selling

Oil rises on weakened dollar ahead of US...

A US energy department report to be released later in the day is expected to show another rise in US commercial crude stockpiles, indicating softer demand...

Euro falls vs dollar as eurozone inflation...

Consumer prices tumbled in the 19-nation currency bloc in February, pushing inflation to a negative 0.2 percent, official data showed, and intensifying...

Shilling gains ground against the dollar...

The demand for the dollar has been low since the presidential election due to some traders leaving Kampala due to fears of unrest.

Experts predict tough month for shilling...

The Uganda shilling has declined in value against the dollar by 21% since January 2015 on the back of a strong dollar as the US economy improves.

Dollar rises against emerging units as risk...

Traders moved out of higher-yielding and riskier emerging units after the International Monetary Fund announced overnight it had decided to downgrade its...

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