Home Business & Tech Dollar & Pound Maintain Higher Exchange Power

Dollar & Pound Maintain Higher Exchange Power

by Daniel Sabiiti
6:43 pm

The Uganda and Kenya Shilling have strengthened their market bargain against the dollar today as stock and share index goes up.

The Uganda Shilling (UGX) which has been dormant for the last month picked up buying from 0.2277 to 0.2286 and slight increase in selling from 0.2322 to 0.2331, against the Rwanda franc.

The Kenyan Shilling today bought at 8.0414 from 8.0273 and sold at 8.2012 from 8.1879 previously against the franc.

Both the dollar and pound sterling continued to show increase in the exchange power with a little instability.

Today both stock and shares index also went up 1.65 and 0.25 points to close at 134.06 and 133.29 respectively. 

 

A few equities on RSE market  today changed hands while the bonds market was quiet.  Bank of Kigali(BK) counter closed at Rwf285 (Rwf 285 previous). The trading session recorded a total turnover of Rwf 826,500 from 2,900 shares traded in 2 deals. 

 

Bralirwa (BLR) faced a drop in its shares counter closed at Rwf 155(Rwf 150 previous). The trading session recorded a total turnover of Frw 31,000 from 200 shares traded in 1 deal. 

 

The rest of the equities counters has no changes in the previous performance.

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