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Markets

Ugandan shilling little-changed, to weaken due to importer FX demand

Published February 21, 2025 Updated February 21, 2025 03:49pm
Photo: Reuters
Photo: Reuters
By

KAMPALA: The Ugandan shilling was little-changed on Friday and was expected to weaken, driven by demand for dollars from merchandise importers, traders said.

Ugandan shilling firmer on charity and offshore investor FX flows

At 0944 GMT, commercial banks quoted the shilling at 3,667/3,677, compared with Thursday’s closing rate of 3,665/3,675.

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