By Julius Businge The three East African currencies of Kenaya, Uganda and Tanzania remained steady trading a narrow range throughout the week ending March 23. “It was a sideways market for most of the trading sessions of the week with no uptrend or downtrend clearly established,” said Stephen Kaboyo a …
Read More »
By Julius Businge The Ugandan shilling fell against foreign currencies notably the dollar on Wednesday, dealers said. Commercial banks quoted the currency of Africa’s largest coffee exporter at 2,587/2,597, weaker than Tuesday’s close of 2,575/2,585. “There is some depreciation of the local currency as a result of better liquidity conditions …
Read More »
The Independent Uganda: You get the Truth we Pay the Price