Markets

Ugandan shilling stable as scant demand and investor flows lend support

  • At 0848GMT commercial banks quoted the shilling at 3,687/3,697, same level as Tuesday's close.
Published September 23, 2020 Updated September 23, 2020 03:27pm
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KAMPALA: The Ugandan shilling was stable on Wednesday with scant appetite for hard currency and inflows from offshore investors participating in a Treasury auction helping to lend support to the local currency.

At 0848GMT commercial banks quoted the shilling at 3,687/3,697, same level as Tuesday's close.