Ugandan shilling weaker due to increased commercial bank FX demand
Business
The Ugandan shilling was weaker on Thursday.
KAMPALA: The Ugandan shilling was weaker on Thursday, pressured by strong demand for dollars from commercial banks, traders said.
At 0829 GMT, commercial banks quoted the shilling at 3,733/3,743, compared with Wednesday’s closing rate of 3,724/3,734.
