Tag: Absa Uganda

Healthy inflows from commodity exporters, interbank and NGOs led to a marginal strengthening of the shilling to close Wednesday’s session at the 3710/3720 levels from the day’s opening of 3725/3735,…

The local unit started the week on a strong footing supported by dollar inflows from commodity exporters, as corporate demand continued to lie low, a report by Richard Nsubuga, a…

The shilling strengthened during Friday’s session to close the day at the 3725/3735 levels from opening levels of 3740/3750, a report by Catherine Kijjagulwe, Head of Trading at Absa Bank…

The shilling maintained its winning streak through Wednesday’s session as continued healthy flows that outweighed the demand side led to its appreciation to close the day at the 3770/3780 levels…

Inflows remained healthy throughout the first trading day of the new month leading to further shilling strength to touch highs of 3775/3785 during the day’s session, but later closed the…

There was some activity was seen during Friday’s overall session with the shilling gaining marginally to close the day’s session at the 3800/3810 levels as month-end inflows outweighed demand side…

Uganda’s real GDP expanded 4.9% in the second quarter of the year, marginally weaker than the previous quarter’s 5.1%, following a marked moderation in import taxes, according to the SSA…

Tuesday’s session was quite active with some pockets of Corporate demand that were eventually outweighed by inflows from NGOs and Commodity exporters, Catherine Kijjagulwe, the Head of Trading at Absa…

The shilling traded within the 3815/3825 trading range throughout Friday’s trading session with limited activity on the supply and demand side, according to a report by Catherine Kijjagulwe, Head of…

The shilling continued to swing within a narrow range, closing the day at 3805/3815 from opening levels of 3810/3820 as dollar inflows from NGOs and exporters were matched with Corporate…