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Tag: Stephen Kaboyo

STEPHEN KABOYO: Uganda Shilling Projections (May 2 to May 6, 2022)

April 29, 2022April 29, 2022 admin

The Uganda shilling was on the back foot undermined by an upsurge in demand from importers and interbank. The unit lost its previous week momentum and traded at 3550/60.

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STEPHEN KABOYO: Uganda Shilling Projections (April 4 to April 8, 2022)

April 1, 2022April 1, 2022 admin

The Uganda shilling traded firmer, propped up by end month flows that improved supply levels amid subdued demand. Bid and ask held at 3585/95.

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Insights, NewsCurrency Projections, Forex Exchange Uganda, Stephen Kaboyo, Uganda ShillingsLeave a comment

STEPHEN KABOYO: Uganda Shilling To Experience More Volatility

March 12, 2022March 12, 2022 admin
Stephen Kaboyo

The Uganda surrendered some ground, undercut by a surge in dollar demand from offshore buyers, oil and merchandise importers. The unit traded just above the 3600 key level for most of the trading sessions.

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Insights, NewsCurrencies, dollar demand, Stephen Kaboyo, Surging oil prices, Uganda shillingLeave a comment

STEPHEN KABOYO: Uganda Shilling Broadly Unchanged

February 20, 2022February 20, 2022 admin
Stephen Kaboyo

The Uganda shilling was broadly unchanged, but keeping a defensive posture due to on and off demand for dollars. The unit held within a range of 3515/25.

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STEPHEN KABOYO: Uganda Shilling Currency Projections For The Next Five Days

February 14, 2022February 14, 2022 admin
Stephen Kaboyo

Outlook for the shilling indicate range bound trading as the unit struggles to find momentum and any real direction.

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Insights, NewsCurrency Projections, Stephen Kaboyo, Uganda shilling to DollarLeave a comment

STEPHEN KABOYO: Currency Projections Ahead Of Festive Season

December 20, 2021December 20, 2021 admin
Stephen Kaboyo

The Uganda shilling maintained a stable stance underpinned by remittance flows amid subdued import demand. Trading was in the range of 3560/70.

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Insights, News#BankerUpdates, Kenya Shilling, Stephen Kaboyo, Tanzania Shilling, Uganda ShillingsLeave a comment

Uganda Shilling Expected To Remain Slightly Firmer – Stephen Kaboyo

October 29, 2021October 29, 2021 admin
Stephen Kaboyo

In the coming days the local unit is expected to remain slightly firmer, drawing benefit from a weaker dollar, and end month flows that will lift supply levels.

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Insights, NewsStephen Kaboyo, Uganda Currency against dollar, Uganda shillingLeave a comment

STEPHEN KABOYO: Expect A Mild Weakening Tone For The Local Currency

September 11, 2021September 11, 2021 admin
Stephen Kaboyo

The shilling is expected to trade with a mild weakening tone as seasonal demand gradually picks up as importers begin placing end of year merchandise orders.

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Insights, News#BankersUpdates, Forex Exchange Uganda, Stephen Kaboyo, Uganda ShillingsLeave a comment

STEPHEN KABOYO: ‘Trend Of The Uganda Shilling Suggest A Stable Tone’

August 9, 2021August 9, 2021 admin
Stephen Kaboyo

The interim trend of the Uganda shilling suggest a stable tone, with major markets players choosing to remain square ahead of the policy rate announcement expected on August 16, 2021.

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Insights, NewsStephen Kaboyo, Uganda Exchange rate, Uganda shillingLeave a comment

STEPHEN KABOYO: Shilling Will Likely Hold At Current Levels

July 11, 2021July 11, 2021 admin

Outlook suggest that shilling will likely hold at the current levels as muted demand from importers continue to underpin the currency.

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Insights, News#Lockdown, Forex Exchange Uganda, Forex Market, Forex Trading, Stephen KaboyoLeave a comment

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EXCHANGE RATES

CURRENCY BUYING SELLING
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GBP4,7444,757
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TZS1.561.56
ZAR236.4237.1

PRIME LENDING RATES AS AT JANUARY 1, 2022

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Equity 20.5%
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Dfcu Bank20%
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Housing Finance 20.5%

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