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Daily Monitor Tuesday May 04 2021 The BoU explains in its report that the appreciation was mainly driven by inflows from Offshores, NGOs, Coffee export receipts and Non-financial institutions amidst demand from Oil, manufacturing and telecom sectors. Photo | File Summary On a trade-weighted basis, the nominal effective exchange rate (NEER) appreciated by 2.1 per cent month-on-month and by 3.6 per cent year-on-year in March 2021. Advertisement Uganda Shilling has remained relatively stable with a bias towards appreciation in February and March 2021 due to increased inflows of the US dollar in the period under review by the Bank of Uganda (BoU). In the new monetary policy report of April 2021 yesterday, the BoU says the shilling appreciated by 2.9 per cent year-on-year and 0.1 per cent month-on-month to a mid-rate of Shs3662.9 per a US Dollar in March 2021, compared to an appreciation of 0.3 per cent year-on-year and 0.7 per cent month-on-month in Februar ....
Daily Monitor Tuesday March 16 2021 The half year 2020/21 macroeconomic and fiscal performance of Uganda economy report by the Ministry of Finance, Planning and Economic Development reveals that the Ugandan currency appreciated against the dollar by 1.2 percent to a period average exchange rate of Uganda Shilling 3,696 per US dollar in Half 1 (six months) of 2020/21 Advertisement The half year 2020/21 macroeconomic and fiscal performance of Uganda economy report by the Ministry of Finance, Planning and Economic Development reveals that the Ugandan currency appreciated against the dollar by 1.2 percent to a period average exchange rate of Uganda Shilling 3,696 per US dollar in Half 1 (six months) of 2020/21. ....
Tanzania: Bank of Tanzania Moves Against Forex Black Market allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.