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FX Daily Updates
Ugandan shilling stable due to muted dollar demand
georgemiller
Publish Date: Wed, 16 Oct 2024, 07:39 AM
KAMPALA, Oct 16 (Reuters) - The Ugandan shilling was broadly stable on Wednesday due to muted demand for dollars from commercial banks and importers, traders said.
At 0722 GMT, commercial banks quoted the shilling at 3,665/3,675, compared with Tuesday's closing rate of 3,667/3,677.
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https://www.reuters.com/markets/currencies/ugandan-shilling-stable-due-muted-dollar-demand-2024-10-16/