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FX Daily Updates
Ugandan shilling weakens on energy sector FX demand
georgemiller
Publish Date: Mon, 27 Jan 2025, 09:47 AM
KAMPALA, Jan 27 (Reuters) - The Ugandan shilling weakened on Monday, undercut by strong hard currency demand by merchandise and fuel importers, traders said.
At 0856 GMT commercial banks quoted the shilling at 3,691/3,701, compared to Friday's close of 3,685/3,695.
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https://www.reuters.com/markets/currencies/ugandan-shilling-weakens-energy-sector-fx-demand-2025-01-27/