Markets
Ugandan shilling extends losing streak amid demand by banks, offshore investors
At 0747 GMT commercial banks quoted the shilling at 3,840/3,850, compared to Friday's close of 3,820/3,830.
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- At 0747 GMT commercial banks quoted the shilling at 3,840/3,850, compared to Friday's close of 3,820/3,830.
KAMPALA: The Ugandan shilling weakened on Monday, pressured by offshore investors dumping local assets and commercial banks beefing up their hard currency positions.
At 0747 GMT commercial banks quoted the shilling at 3,840/3,850, compared to Friday's close of 3,820/3,830.
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