Uganda shilling falls as Brexit weighs on confidence

24 Jun, 2016

KAMPALA: The Ugandan shilling weakened on Friday, as global fears over the economic ramifications of Britain's vote to leave the European Union triggered a scramble among commercial banks to beef up their dollar positions.

At 0851 GMT, commercial banks quoted the shilling at 3,380/3,390, weaker than Friday's close of 3,365/3,375.

Copyright Reuters, 2016

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