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FX Daily Updates
Ugandan shilling stable; to firm due to gold, coffee FX flows
georgemiller
Publish Date: Tue, 04 Feb 2025, 09:58 AM
KAMPALA, Feb 4 (Reuters) - The Ugandan shilling was steady on Tuesday, but it was expected to strengthen, helped by dollar inflows from gold and coffee exporters, traders said.
At 0937 GMT, commercial banks quoted the shilling at 3,675/3,685, compared with Monday's closing rate of 3,680/3,690.
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https://www.reuters.com/markets/currencies/ugandan-shilling-stable-firm-due-gold-coffee-fx-flows-2025-02-04/