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The shilling closed Tuesday’s session at the 3720/3730 levels - having opened the day at the 3715/3725 levels and briefly touched lows of 3730/3740 intraday. According to Catherine Kijjagulwe, Head of Trading at Absa Bank
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The shilling weakened briefly during Wednesday’s session to touch levels of 3690/3700, having opened trading at 3680/3690. This was driven by some demand pockets but flows in the afternoon led it to close the day
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The last trading day of the month was quiet overall, with the shilling closing the day at the 3665/3675 levels from the day’s opening of 3660/3670 driven by some pockets of interbank and Corporate demand.
Sam Sanya
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, a report by Catherine Kijjagulwe,
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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 Trader in CIB Markets department
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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 Uganda indicates. The session was
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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 from opening levels of 3785/3795,
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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 day at the 3785/3795 levels,
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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 activity, a report by Catherine
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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 Macroeconomics Research Instant Insights Report
