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Demand from energy importers expected to weigh on Ugandan shilling - REUTERS

APRIL 28, 2025

KAMPALA, April 28 (Reuters) - The Ugandan shilling remained largely steady on Monday, with a marginal tilt towards weakness, due to increased demand for hard currency from energy importers, according to traders.

Commercial banks quoted the shilling at 3,662/3,672 at 0741 GMT, compared to Friday's close of 3,661/3,671.

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Reporting by Elias Biryabarema; Editing by Bate Felix

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