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money market

Uganda 50,000 Shilling Note Wins Global Award

The International Bank Note Society’s (IBNS) ‘Banknote of 2010’ is Uganda’s 50,000-shilling note.  This year, for the first time, the award was decided by a popular vote by members of the IBNS, rather than by a committee, and the award shows a strong appreciation of the 50,000-shilling note among a large community of banknote enthusiasts. […]

Uganda shilling dips against the US dollar in the money market

The Ugandan shilling has hit a record low value against the U.S. dollar currently selling at about 2,410 to one US dollar. The shillings started losing again against the dollar after a few months of near comeback where the shilling had dropped from the 2,390 mark to about 3,278 in early June. It is not […]

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