Currencies

The Uganda shilling held steady with a bias towards mild appreciation on matched demand and supply amid tight liquidity conditions during the week ending 14th December 2018. In the interbank shilling market overnight funds traded at 6% while one week funds traded  at 9%.  The shilling trading range was in

The Central Bank of Kenya (CBK) has unveiled Kenya’s new generation coins that will start circulating this Tuesday, Kenyan media reports. The new currency, which was gazetted on Tuesday, contains features that make it accessible to visually impaired people. The new generation coins, whose unveiling was presided over by President

The Uganda shilling firmed slightly on the back of forex inflows mainly from portfolio investors targeting the local debt market during the  week ending 23rd  November 2018. Demand was generally flat. Trading was in the range of 3712/22. In the fixed income market, a Treasury bill auction was held with

The Uganda Shilling was up a shade in early part of the week on subdued appetite for forex from market players but towards close of the week, the unit marginally weakened undercut by a mild rebound in demand across all sectors during the week ending 16th November 2018. Trading was

The Uganda shilling was relatively stable, holding ground amid a sell off by commercial banks against lukewarm demand from market players during the week ending 26th October 2018. Offshore inflows also rendered some support. Trading was in the range of 3755/3765. In the interbank money market, overnight funds traded at

The Uganda Shilling was a notch stronger supported by interbank unwinding long positions coupled with improved inflows primarily on account of portfolio flows  during the week ending 19th October 2018. Trading was in the range of 3755/3765. In the interbank money market, overnight funds traded at 8% while one week