“In the coming days, the shilling will continue to crumble as the virus-driven volatility hangs over the markets.
“We saw some Non-Governmental Organisation (NGO) inflows coming through to try and balance the corporate and interbank demand.
“The Uganda shilling will likely continue to display high stability, with a chance of testing new highs as supply of forex surpasses the market demand...
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...
Here is how the Uganda shilling is trading against other international currencies around the world.
Here is how the Uganda shilling is trading against other international currencies. Plan your transactions.
Sign up to receive our free newsletter