Ugandan shilling weakens on commercial bank, energy sector FX demand

08 Jan, 2025

KAMPALA: The Ugandan shilling weakened on Wednesday on the back of strong demand for dollars from commercial banks and the energy sector, traders said.

Ugandan shilling little-changed in thin trade

At 0949 GMT, commercial banks quoted the shilling at 3,702/3,712, compared with Tuesday’s close of 3,690/3,700.

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