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Ugandan shilling stable, expected to strengthen due to decreased importer demand

The shilling at 3,677/3,687, compared to Monday's close of 3,680/3,690. KAMPALA: The Ugandan shilling was sta
Published December 10, 2019
  • The shilling at 3,677/3,687, compared to Monday's close of 3,680/3,690.

KAMPALA: The Ugandan shilling was stable on Tuesday, but was expected to gain ground due to decreased dollar demand from merchandise importers, traders said.

At 0919 GMT commercial banks quoted the shilling at 3,677/3,687, compared to Monday's close of 3,680/3,690.

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