Markets

Ugandan shilling marginally stronger on remittance flows

  • Commercial banks quoted the shilling at 3,590/3,600
Published June 17, 2025 Updated June 17, 2025 02:04pm
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KAMPALA: The Ugandan shilling was marginally stronger on Tuesday, helped by some inflows of hard currency from remittances weighing against thin importer demand, traders said.

Ugandan shilling flat ahead of budget reading

At 0723 GMT commercial banks quoted the shilling at 3,590/3,600, compared to Monday’s close of 3,595/3,605.