The Uganda shilling held firm on account of improved end month inflows despite protests against age limit removal motion that dominated the week. Trading was in the range of 3595/3600 during the week ending 29th September 2017. In the inter-bank shilling market, overnight funds traded at 8% while the 1 week
Read More
The Uganda shilling was stable during the week ending 22nd September 2017 supported by the Central Bank tightening through repo operations while supply and demand remained fairly balanced. Trading was in the range of 3590/3600. In the regional currencies, the Kenya shilling held its ground as markets expected the Central
Read More
The Uganda Shilling was relatively stable supported by buoyant inflows on account of portfolio flows targeting the government securities market amid weak demand during the week ending 15th September 2017 Bank of Uganda open market operations also rendered some support. Trading was in the range of 3595/3605. In the fixed
Read More
The Uganda shilling maintained a firm stance, trading in the range of 3595/3605 supported by improved inflows mainly from commodities. Demand remained low during the week ending 8th September 2017. In the interbank money market, there was sufficient liquidity; rates remained stable with overnight funds trading at an average of
Read More
The Uganda Shilling maintained a stable stance, supported by end month inflows mainly from NGO's and commodities amid very low demand levels in the market during the trading week ending 31st August 2017. Trading was in the range of 3585/3595. Similarly, in the interbank money market, rates remained stable with
Read More
The Uganda shilling held its ground in a flat market as demand remained weak for the week ending 25th August 2017. Trading was in the range of 3595/3605. In the interbank money market, the Shilling rates were equally stable trading at 7% for overnight and 10 % for 1 week
Read More
The Uganda Shilling was broadly stable for the week ending 18th August 2017 supported by inflows from coffee exports and other commodities against very low demand. Trading was in the range of 3695/3605. In the interbank money market, overnight funds traded at 7% while 1 week money traded at 10%.
Read More
The Uganda Shilling held firm against the US dollar supported by tepid demand from market players during the week ending 11th August 2017. Most traders remained short on dollars while keeping an eye on political developments in Kenya and also looking out for a signal from the policy meeting that was
Read More
The Uganda Shilling weakened slightly on account of elevated demand from energy and manufacturing sectors but stabilized at close of the week ending 4th August 2017 as demand waned. Trading was in range of 3610/3620. In the fixed income market, BoU offered 170 billion in the Treasury bill auction. Yields
Read More
The Uganda Shilling held firm against the US dollar in the week ending 28th July 2017 supported by the Central Bank mopping of excess liquidity. Demand remained low. Trading was in the range of 3690/3600. In the fixed income market, there was no primary auction for government securities. “Shilling forecast
Read More
