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Bridging The Forex Information Gap.

Inforex seeks to bridge the information gap between forex bureaus, financial institutions, and the public.

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Real-time Information

Find real-time information on the best rate on the local market, and the locations of the forex bureaus that you are interested in dealing with.

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Select Particular Currencies

You can select only the currencies you want to see in the drop down and view only the bureaus dealing in the currencies you have selected.

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Market Research

Need a resource for information on the local foreign exchange market? Inforex is able to provide you with raw data for local market trends over time.

Local Rates

*Click the arrow () to view forex bureau details

Shilling

weakens, policy rate cut eyed

Ugandan shilling weakens, policy rate cut eyed

Shilling fell slightly on Tuesday, weakened by dollar demand from commercial banks and growing expectations the central bank will cut its policy rate again after inflation fell further in December.

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Cross-border

share trading upgrades to electronic system

Cross-border share trading upgrades to electronic system

An inter-depository transfer system that allows for the electronic transfer of cross-listed securities is expected to go live on Monday, in a move that will cut down the time it takes to move assets from one country to another.

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Kenya’s

CDSC to launch short selling, day trading

Kenya’s CDSC to launch short selling, day trading

Kenya’s Central Depository and Settlement Corporation (CDSC) is working on a raft of reforms meant to ease trading at the Nairobi bourse.

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Factors

To Watch- African Markets

African Markets - Factors to watch in July

The following company announcements, scheduled economic indicators, and currency market moves and political events may affect African markets in July.

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Dar

Stock Exchange installs WAN network

Dar Stock Exchange installs WAN network

The Dar es Salaam Stock Exchange (DSE) has deployed a wide area network (WAN) that allows brokers to trade from their offices instead of going physically to the trading floor.

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World

Bank pledges support for Kenya power plant

World Bank pledges support for Kenya power plant

The 84MW heavy fuel Triumph Power Generation project in Kenya is on course following a World Bank guarantee of support. The plant, to be completed in 2014, is expected to help national power distributor Kenya Power meet the high demand during peak hours.

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BoU

Recalls 1987 series banknotes

BoU Recalls 1987 series banknotes

Notice: As of March 30, 2013, the 1987 series of UGX is no longer legal tender. The currency will be exchangeable at any commercial bank until May 30, 2013 and at any Bank of Uganda branch until December 30, 2013.

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BoU

Closes Pakasa Forex Bureau

BoU Closes Pakasa Forex Bureau

Bank of Uganda has effective June 12, 2013 revoked the license for Pakasa Forex Bureau in accordance with Section 6(3) of the Foreign Exchange Act 2004.

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BoU

Maintains Central Bank Rate (CBR) at 11 Percent

BoU Maintains Central Bank Rate (CBR) at 11 Percent

Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 11 percent for the month of July 2013, according to the Monetary Policy Statement for July 2013 issued to the press by Governor Prof. Emmanuel Tumusiime – Mutebile.

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Featured

Inforex in the media

The Inforex app was featured in The Daily Monitor newspaper as trend setter in the Ugandan foreign exchange market. Read the full article here;
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Board Rates

This tab shows trading rates of all the forex bureaus in Uganda and every Country that has inforex. This enables customers to choose a forex bureau of their choice to exchange any currencies that they wish.

International Rates

This feature shows how currencies are performing on the international market for the benefit of individuals who practice forex trading and perform online transactions.