Quiet trading during Friday’s session saw the Uganda shilling maintaining trading within the 3560/3570 trading range throughout the day with balanced demand and supply.
Traders said the slowdown of market activity and seasonal inflows have given the local unit support.
Money markets were liquid according to Absa Trading with overnight yields at averages of 6.30%. The Bank of Uganda will hold a sh220b treasury bill auction on December 8, 2021.
Would you like to get published on this Website? You can now email Uganda Times: an Opinion, any breaking news, Exposes, story ideas, human interest, articles or any interesting videos on: [email protected]. Videos and pictures can be sent to +3197005035050 on WhatsApp
