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Markets

Ugandan shilling firmer on charity and offshore investor FX flows

Published February 20, 2025 Updated February 20, 2025 04:17pm
Photo: Reuters
Photo: Reuters
By

KAMPALA: The Ugandan shilling was firmer on Thursday on the back of dollar inflows from charities and offshore investors who participated in this week’s Treasury bond auction, traders said.

Uganda shilling steady, bias on the firming side

At 0911 GMT commercial banks quoted the shilling at 3,662/3,672, from Wednesday’s closing rate of 3,670 /3,680.

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