Markets

Ugandan shilling stable, expected to firm on NGO FX flows

Published February 26, 2025 Updated February 26, 2025 03:44pm
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KAMPALA: The Ugandan shilling was steady on Wednesday but was expected to firm, underpinned by inflows of dollars mainly from non-governmental organisations, traders said.

Ugandan shilling little-changed, to weaken due to importer FX demand

At 0929 GMT commercial banks quoted the shilling at 3,671/3,681, compared to Tuesday’s close of 3,677/3,687.