Ugandan shilling weakens due to energy and manufacturing sector FX demand

22 Mar, 2024

KAMPALA: The Ugandan shilling weakened on Friday, undermined by appetite for dollars from the energy and manufacturing sectors, traders said.

Ugandan shilling stable as taxes tame demand

At 0853 GMT, commercial banks quoted the shilling at 3,890/3,900 per dollar, compared with Thursday’s closing rate of 3,880/3,890.

Read Comments