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Markets

Ugandan shilling trades stable amid remittance, commodity flows

The shilling at 3,670/3,680, same level as Friday's close. KAMPALA: The Ugandan shilling traded stable on Mon
Published December 16, 2019
  • The shilling at 3,670/3,680, same level as Friday's close.

KAMPALA: The Ugandan shilling traded stable on Monday on the back of hard currency inflows from Uganda's diaspora workers and exporters of commodities like coffee and tea.

At 0942 GMT commercial banks quoted the shilling at 3,670/3,680, same level as Friday's close.

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