Markets

Ugandan shilling little-changed on easing FX demand

  • Commercial banks quoted the shilling at 3,652/3,662
Published May 19, 2025 Updated May 19, 2025 03:30pm
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KAMPALA: The Ugandan shilling was little-changed against the dollar on Monday, supported by a slump in demand for hard currency, traders said.

Ugandan shilling little-changed; dollar demand low due to tax payments

At 0927 GMT commercial banks quoted the shilling at 3,652/3,662, compared to Friday’s close of 3,654/3,664.