Markets

Ugandan shilling trades stable and demand slows on tax payments

  • At 0944GMT commercial banks quoted the shilling at 3,705/3,715, same as Wednesday's close.
Published October 15, 2020 Updated October 15, 2020 06:12pm
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KAMPALA: The Ugandan shilling was unchanged on Thursday, with mid-month tax payments by most firms limiting appetite for hard currency.

At 0944GMT commercial banks quoted the shilling at 3,705/3,715, same as Wednesday's close.