Markets

Ugandan shilling broadly stable with bias on weaker side

Published December 4, 2024 Updated December 4, 2024 01:11pm
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KAMPALA: The Ugandan shilling was broadly stable on Wednesday with some appetite for dollars from energy importers giving the local currency a depreciation bias, traders said.

Ugandan shilling a notch firmer on low appetite

At 0720 GMT, commercial banks quoted the shilling at 3,675/3,685, compared to Tuesday’s close of 3,672/3,682.