According to BOU, limited exports have always been held responsible for the depreciation of the Shilling
The Shilling closed last week at 3,689/3,708 to the dollar from the previous weeks’ close
The Handshake on the impact of investors to the Ugandan Shilling.
“Outlook indicates a bullish shilling amidst anticipated thin demand"
Bank of Uganda quoted the unit trading at 3,709/3719 slightly weaker than Thursday’s close of 3,707/3,717 buying and selling respectively
Uganda received $1.2b (about sh4.5trillion) in 2017 in remittances, accounting for 5% of the country’s Gross Domestic Product (GDP), according to a report...
In the fixed income market, a treasury bill auction was held with sh195 billion on offer.
Bank of Uganda data shows that the shilling closed at 3,715/3,725 buying and selling respectively on average. T
The Shilling closed the week at around 3,744.88/3,754.88 to the US Dollar
The annual headline inflation for the year ending October 2018 registered a 0.7% decline from the previous month
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