Ugandan shilling loses ground on surge in importer demand
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)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Japan manufacturing expands as orders rise fastest since 2018, PMI shows
- US teen drops lawsuit against Meta, Google and Snap ahead of trial
- Japan July core CPI rises 1.8% yr/yr
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share