Markets

Ugandan shilling unchanged as importer dollar demand slumps

  • At 0913 GMT, commercial banks quoted the shilling at 3,720/3,730, same level as Friday's close.
Published October 19, 2020 Updated October 19, 2020 04:33pm
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KAMPALA: The Ugandan shilling was stable on Monday on the back of a slowdown in dollars demand from importers in sectors like energy, manufacturing and telecoms.

At 0913 GMT, commercial banks quoted the shilling at 3,720/3,730, same level as Friday's close.