Dollar resumes descent against safe-haven currencies as virus spreads

The Uganda shilling edged slightly higher against the U.S. dollar yesterday on account of increased foreign currency supply. Early morning trade saw the USDUGX currency pair marginally higher amid increased corporate demand for the U.S dollar. The domestic unit showed renewed energy later in the day and closed the session at the 3700/3720 band stronger […]

The post Dollar resumes descent against safe-haven currencies as virus spreads appeared first on East African Business Week.

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