Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

AlwaysFree: Uganda Shilling Weakens Due To Surge In Commercial Bank And Importer Demand

Author: SSESSMENTS

According to Reuters article published on December 28, 2022, the Ugandan shilling weakened for a second straight day on Wednesday, undermined by a spike in demand for dollars from importers and commercial banks, traders said.

At 0740 GMT, commercial banks quoted the shilling at 3,705/3,715, compared with Tuesday's close of 3,690/3,700.

Tags: Africa,All Products,AlwaysFree,English

Published on December 29, 2022 2:35 PM (GMT+8)
Last Updated on December 29, 2022 2:35 PM (GMT+8)