Markets

Ugandan shilling stable; business off to slow start after Christmas

  • At 0639 GMT, commercial banks quoted the shilling at 3,640/3,650, the same level as Thursday's close.
Published December 28, 2020 Updated December 28, 2020 12:32pm
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KAMPALA: The Ugandan shilling was stable on Monday amid subdued appetite for dollars as business activity was off to a slow start after the Christmas break.

At 0639 GMT, commercial banks quoted the shilling at 3,640/3,650, the same level as Thursday's close.

Markets were closed on Friday for Christmas.