Ugandan shilling stable, to ease due to energy sector FX demand

02 Oct, 2024

KAMPALA: The Ugandan shilling was little-changed on Wednesday, but was expected to weaken, undercut by an uptick in demand for dollars from the energy and manufacturing sectors, traders said.

Ugandan shilling firms; commodity, remittance dollar flows help

At 0739 GMT, commercial banks quoted the shilling at 3,671/3,681, compared with Tuesday’s closing rate of 3,665/3,675.

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