Source: Bank of Uganda
In the international currency markets, the US dollar was strong as US bond yields picked up after the thanksgiving holiday.
"In the coming days the underlying depreciation pressures are likely to hold."
The plan immediately attracted criticism, with analysts saying the token currency would not hold its US dollar value and would be seen as a new version...
Bank of Uganda (BOU)
Traders were bracing for Friday's US jobs report to see if one of the economy's strongest points, the labor market, is showing cracks.
Rising oil prices and China's fresh stimulus measures also boosted investor spirits, as payrolls firm ADP reported that the US private sector added 214,000...
During this season, a number of people travel to their villages to join their family members in one big Christmas party and new year celebration.
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