Markets

Ugandan shilling posts some gains as banks pare positions

 At 0936 GMT commercial banks quoted the shilling at 3,765/3,775, compared to last Thursday's close of 3,780/3,790.
Published April 14, 2020
  •  At 0936 GMT commercial banks quoted the shilling at 3,765/3,775, compared to last Thursday's close of 3,780/3,790.

KAMPALA: The Ugandan shilling traded stronger on Tuesday on the back of a sell-off in the interbank market as some players sought to trim their hard currency positions, traders said.

At 0936 GMT commercial banks quoted the shilling at 3,765/3,775, compared to last Thursday's close of 3,780/3,790.

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