Markets

Ugandan shilling steady; to firm due to remittances

Published December 18, 2024 Updated December 18, 2024 03:06pm
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KAMPALA: The Ugandan shilling was steady on Wednesday, but was expected to firm, helped by slowing demand for dollars and inflows from remittances, traders said.

Ugandan shilling little-changed; to ease due to commercial bank FX demand

At 0910 GMT, commercial banks quoted the shilling at 3,630/3,640, compared to Tuesday’s close of 3,635/3,645.