Page 43 - Frx News Today

The Ugandan shilling was slightly weaker on Tuesday, pressured by appetite for hard currency from some players in the interbank market and energy importers, traders said.

A look at the day ahead in Asian markets from Jamie McGeever.

Japan's new central bank Governor Kazuo Ueda gave a clear message to policymakers gathered for global finance meetings here over the last week: The country will remain a dovish outlier by keeping interest rates ultra-low - at least for now.

Bangladesh and Russia have agreed to use yuan to settle payment for a nuclear plant Moscow is building in the South Asian country, a Bangladesh government official said on Monday.

Tighter global financing conditions are putting pressure on emerging market banking systems, with those in Turkey and Tunisia most at risk, ratings agency S&P Global said in a report on Monday.

A look at the day ahead in U.S. and global markets from Mike Dolan.

The dollar bounced from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations and impressive Wall Street bank earnings raised market expectations for an interest rate hike in May.

South Korea and Japan's finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation in economic policy that has been hampered by diplomatic conflict.

The Kenyan shilling weakened slightly on Monday on demand for dollars from energy importers and foreign-owned firms looking to pay dividends to overseas shareholders, traders said.

The Ugandan shilling was stable on Monday, with mid-month tax payments depressing demand for hard currency from importing firms, traders said.