Ugandan shilling loses ground on surge in importer demand

11/20/2024

Less than a minute

2024.11.20 05:55

Ugandan shilling loses ground on surge in importer demand

KAMPALA (Reuters) – The Ugandan shilling posted a small loss on Wednesday, undermined by strong demand for hard currency from energy and other importers, traders said.

At 0905 GMT commercial banks quoted the shilling at 3,690/3,700, compared to Tuesday’s close of 3,678/3,688.

11/20/2024

Less than a minute

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