Markets

Ugandan shilling stable as commodity flows lend support

Published January 9, 2025 Updated January 9, 2025 03:37pm
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KAMPALA: The Ugandan shilling was broadly stable on Thursday, with some inflows of hard currency from exporters of commodities like gold and coffee lending support, traders said.

Ugandan shilling weakens on commercial bank, energy sector FX demand

At 0952 GMT, commercial banks quoted the shilling at 3,694/3,704, compared to Wednesday’s close of 3,695/3,705.