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Us Dollar

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Markets stumble after Trump fires Comey

The US dollar remained under pressure, having tumbled to a six-month euro low after Trump ousted Comey.

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Shilling gains slightly as dollar demand...

"There's a drop of demand for the dollar from corporates which has supported the local currency."

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Strong US dollar a threat to Trump campaign...

"I think our dollar is getting too strong and partially that's my fault because people have confidence in me," he said. "That will hurt ultimately."

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Shilling stronger against dollar

Alpha Capital Partners Stephen Kaboyo noted that the Uganda shilling was steady against the dollar primarily on account of tight liquidity conditions that...

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Nigeria's central bank moves on forex to...

The Central Bank of Nigeria (CBN) currently sells dollars in the country's multiple forex markets at 315 to 375 naira, allowing dealers to make a small...

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Latest exchange rates

Source: Bank of Uganda

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Negative sentiment, dollar demand hit shilling...

For every dollar, Ugandans must now fork out an extra sh209 in a space of just six months.

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Latest exchange rates

Source: Bank of Uganda

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Shilling projected to remain weak this week...

The unit shed off close to 35/= during the week to trade in the range of 3625/35.

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Uganda Shilling weakens further

By Thursday afternoon, the shilling was trading in the range of 3,596/3,606 weaker than Wednesday's close of 3,580/ 3,590.

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Meet the Acholi Prince who prefers...

20-year-old Eric Opoka commonly known for his stage name as Eezzy is the hottest musical item in Northern Uganda.