Markets

Ugandan Shilling Declines Further Against Dollar

The Ugandan shilling continued to weaken against the dollar on Thursday, starting the day at 3,715-3,725 and closing at 3,732-3,742.…

Ugandan Shilling Falls Against the Dollar

The Ugandan shilling weakened against the dollar on Wednesday, starting the day at 3695/3705 and closing at 3715/3725. This decline…

Shilling Stays Strong Despite Protests in Kampala

Slow trading activity was observed during Tuesday's session, with the Ugandan Shilling closing at 3690/3700 levels, slightly up from the…

Uganda Shilling Holds Steady Below 3,700 as Bank of Uganda’s Treasury Bill Auction Raises Over 500 Billion Shillings

On Monday, the Uganda shilling maintained a steady position, trading within a narrow range and keeping the exchange rate below…

Weekly Currency Update: Uganda Shilling Edges Up Against US Dollar

The Uganda Shilling saw a slight increase in value against the US dollar over the past week. It appreciated by…

Uganda’s Secret to a Strong Shilling? A Cup of Coffee.

The shilling pulled a surprise move on Thursday, flexing its muscles against the dollar. Traders reported that steady coffee inflows…