Posts Tagged ‘forex east africa’

Diaspora inflows may help Uganda shilling

17.December.2011 · Posted in business

LONDON, Dec 15 – Kenya’s and Uganda’s shillings are likely to strengthen next week due to waning demand for dollars as the year comes to a close. The Ugandan shilling may also be helped by foreign currency inflows from the diaspora. ...

LONDON, Dec 15 – Kenya’s and Uganda’s shillings are likely to strengthen next week due to waning demand for dollars as the year comes to a close. The Ugandan shilling may also be helped by foreign currency inflows from the diaspora. (more…)

AFRICA FX WEEKAHEAD-E.Africa shillings to firm vs dollar

10.December.2011 · Posted in business

NAIROBI, Dec 8 – East Africa’s shillings are likely to firm next week, continuing their bounce from record lows against the dollar over the last few months, as monetary tightening takes effect and dollar-consuming businesses wind down towards the end of the year. ...

NAIROBI, Dec 8 – East Africa’s shillings are likely to firm next week, continuing their bounce from record lows against the dollar over the last few months, as monetary tightening takes effect and dollar-consuming businesses wind down towards the end of the year.
(more…)