The surge in global oil prices following the Middle East tensions has strengthened the US dollar, putting pressure on currencies in emerging markets, including Uganda’s. The shilling was quoted at ...
Uganda’s risk score has fallen since the third quarter of 2016, Euromoney’s country risk survey indicates. The latest estimates for the fourth quarter provide an early glimpse into the full quarterly ...
LONDON/JOHANNESBURG (Reuters) -Uganda - a landlocked African nation that until recently struggled to get a World Bank loan - is the latest hot destination for investors chasing yields as this year's ...
The Kenyan shilling shows mixed results, gaining against East African currencies and the Euro while slightly depreciating against the US dollar and sterling pound.
In March of this year, Uganda's net foreign assets climbed by Shs29 billion ($7.8 million), showing a slow but steady inflow of foreign money. The pressure on the local currency has decreased as a ...
The International Monetary Fund (IMF) has advised the Bank of Uganda (BoU) to boost its anti-money laundering efforts if the country is to be removed from the Financial Action Task Force grey list.
KAMPALA (Reuters) - Uganda's central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology including consumer ...
Authorities move to strengthen anti-money laundering enforcement before the upcoming ...
KAMPALA, - Uganda's currency is expected to weaken against the dollar in the next week to Thursday, while those of Nigeria, Ghana, Kenya and Zambia should be little changed, ⁠traders said. Uganda's ...
When costs rise, customers often respond by reducing the number of transactions, consolidating withdrawals, or reverting to cash based alternatives ...
Uganda shillings. Uganda. (Photo by: Godong/Universal Images Group via Getty Images) KAMPALA, Feb 26 (Reuters) – Uganda’s currency is expected to weaken against the dollar in the next week to Thursday ...