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Forex trading idea
Ugandan shilling stable, to firm due to coffee dollar inflows
pctay123
Publish Date: Tue, 19 Mar 2024, 09:48 AM
KAMPALA, March 19 (Reuters) - The Ugandan shilling was steady on Tuesday but was expected strengthen, underpinned by inflows of dollars from coffee exporters and subdued importer demand, traders said.
At 0930 GMT commercial banks quoted the shilling at 3,875/3,885, compared with Monday's closing rate of 3,880/3,890.
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https://www.reuters.com/markets/currencies/ugandan-shilling-stable-firm-due-coffee-dollar-inflows-2024-03-19/