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Thursday,August 22,2019 04:01 AM

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Uganda Shilling stabilises

In the inter-bank shilling market, overnight funds traded at an average of 7% while one week funds quoted at 10%, a slight indication of emerging tightness...

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Shilling weakens against the Dollar

In the opening session on Tuesday, forex bureaus in Kampala quoted the Shilling to be trading at 3,732.79/ 3,742.79 buying and selling respectively

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Pound drops as Brexit impasse drags

Nearing midday in London, the pound was down about 0.3 percent versus both the dollar and euro.

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Tanzania suspends leading newspaper over...

The Statistics Act of 2017 bans any publication of statistical information contrary to the official figures, with possible jail terms for those who do....

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Ugandan shilling weakens against dollar

“Outlook for the shilling indicates a choppy market on account of slackened demand."

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Sudan sharply devalues currency as economic...

Sudan has struggled to boost its foreign currency reserves since the south split from the north in 2011, taking with it the bulk of the country's oil revenues....

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Forex rates

This is how the Ugandan shilling is trading against other currencies

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Latest exchange rates

Source: Bank of Uganda

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Forex rates

This is how the Ugandan shilling is trading against various currencies

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Dollar demand dents shilling

Market analysis suggests that rates have bottomed out.

LATEST ARTICLES

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Fighting human trafficking in Uganda...

It explains why in 2000 the United National General Assembly adopted a Palermo Protocol that allows each country to fight the various forms of trafficking in their country.