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Markets

Ugandan shilling loses ground on reduced inflows

Published Updated

imageKAMPALA: The Ugandan shilling weakened on Friday, undermined by a dip in hard currency inflows from charities in the face of rising demand from commercial banks and offshore players.

At 0941 GMT, commercial banks quoted the shilling at 3,355/3,365, weaker than Thursday's close of 3,347/3,357.

Copyright Reuters, 2016

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