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FX Daily Updates
Ugandan shilling weaker on banks' hard currency demand
georgemiller
Publish Date: Thu, 02 Jan 2025, 07:44 AM
KAMPALA, Jan 2 (Reuters) - The Ugandan shilling was weaker on Thursday compared to the previous session, undercut by a surge in demand for hard currency from the interbank market, traders said.
At 0719 GMT commercial banks quoted the shilling at 3,680/3,690, compared to Tuesday's close of 3,674/3,684.
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https://www.reuters.com/markets/currencies/ugandan-shilling-weaker-banks-hard-currency-demand-2025-01-02/