like_count_tpl like_count_text_tpl
like_tooltip_tpl
comment_count_tpl comment_count_text_tpl
comment_tooltip_tpl
FX Daily Updates
Ugandan shilling stable as tax payments lend support
georgemiller
Publish Date: Wed, 16 Apr 2025, 09:20 AM
KAMPALA, April 16 (Reuters) - The Ugandan shilling was flat on Wednesday, drawing some support from low demand as most firms used their local currency holdings to clear their mid-month tax obligations, traders said.
At 0901 GMT, commercial banks quoted the shilling at 3,662/3,672, the same level as Tuesday's close.
Sign up here.
https://www.reuters.com/markets/currencies/ugandan-shilling-stable-tax-payments-lend-support-2025-04-16/