Nsubuga said offshore market players also remained on the sidelines, allowing the local unit to move calmly throughout the ...

Panic sale by Ugandan banks and currency traders has resulted in a dramatic devaluation of Kenya shilling relative to the US dollar, as well as a shortage of the Kenyan unit. Panic sale by Ugandan ...

KAMPALA, May 25 (Reuters) - The Ugandan shilling gained 0.6 percent against the dollar on Friday, helped by inflows from coffee exports but traders expect some weakening next week in light of falling ...

(Bloomberg) -- Uganda’s shilling headed for the biggest drop in almost eight years as officials said they would need to revise the budget after the World Bank halted new funding to the country for its ...

The Ugandan shilling traded stable on Tuesday in thin market activity as neighboring Kenya, Uganda's biggest trading partner, was on holiday as it held a general election, traders said. KAMPALA, Aug 9 ...

KAMPALA, March 24 (Reuters) - The Ugandan shilling UGX= weakened on Monday as foreign-owned commercial banks stocked up greenbacks in preparation to make dividend payments abroad, but a scheduled ...

The Ugandan shilling was unchanged on Monday amid subdued activity as most businesses stayed closed for the holidays. KAMPALA, Dec 27 (Reuters) - The Ugandan shilling was unchanged on Monday amid ...

NAIROBI, Oct 3 (Reuters) - The Ugandan shilling was steady against the dollar on Wednesday after policymakers slashed official rates by 200 basis points and traders said foreign investor appetite for ...

The debate on why eggs and milk imported from Uganda are cheaper than local products has been going on for some time. Many Kenyans have attributed the disparity to the high cost of production in Kenya ...