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Ugandan shilling loses ground on surge in importer demand

November 20, 2024 4:56 AM EST

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

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

(Reporting by Elias Biryabarema; Editing by Hereward Holland)



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