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Ugandan shilling loses ground on surge in importer demand

November 21, 2024
in Business
Ugandan shilling loses ground on surge in importer demand

KAMPALA: The Ugandan shilling posted a small loss on Wednesday, undermined by strong demand for hard currency from energy and other importers, traders said.

Ugandan shilling trades little-changed, under some pressure

At 0905 GMT commercial banks quoted the shilling at 3,690/3,700, compared to Tuesday’s close of 3,678/3,688.

Tags: Ugandan shilling
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