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FX Daily Updates
Ugandan shilling loses ground on surge in importer demand
georgemiller
Publish Date: Wed, 20 Nov 2024, 09:56 AM
KAMPALA, Nov 20 (Reuters) - The Ugandan shilling posted a small loss on Wednesday, undermined by strong demand for hard currency from energy and other importers, traders said.
At 0905 GMT commercial banks quoted the shilling at 3,690/3,700, compared to Tuesday's close of 3,678/3,688.
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https://www.reuters.com/markets/currencies/ugandan-shilling-loses-ground-surge-importer-demand-2024-11-20/