Markets

Ugandan shilling trades weaker on interbank FX demand

Published December 31, 2024 Updated December 31, 2024 03:25pm
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KAMPALA: The Ugandan shilling traded weaker on Tuesday, undermined by an uptick in hard currency demand among players in the interbank market, traders said.

Ugandan shilling stable amid low activity

At 0950 GMT commercial banks quoted the shilling at 3,674/3,684, compared to Monday’s close of 3,668/3,678.