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اردو

Dec 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets

Ugandan shilling weakens as rate cut spurs banks to beef up positions

Commercial banks quoted the shilling at 3,697/3,707, compared to Thursday's close of 3,680/3,700. KAMPALA: Th

Reuters Published October 11, 2019

Commercial banks quoted the shilling at 3,697/3,707, compared to Thursday's close of 3,680/3,700.

KAMPALA: The Ugandan shilling weakened on Friday as players in the interbank market beefed up their positions after the central bank this week, in a surprise move, cut its policy rate by 100 basis points to 9pc.

At 0933 GMT commercial banks quoted the shilling at 3,697/3,707, compared to Thursday's close of 3,680/3,700.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

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S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

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Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
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