In the week ending November 30, 2012, the shilling traded in a very volatile fashion. Volatility came amid a deterioration in market sentiment coupled with elevated demand from importers, energy sector i.e. oil companies and position cutting by offshore investors.
Uganda: Will the Shilling Recover Soon?
The Observer (Kampala), 2 December 2012
In the week ending November 30, 2012, the shilling traded in a very volatile fashion. Volatility came amid a deterioration in market sentiment coupled with elevated demand from importers, energy sector i.e. oil companies and position cutting by offshore investors.
Comments Post a comment