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Ugandan shilling broadly stable, to ease due to importer FX demand - REUTERS

SEPTEMBER 04, 2024

Elias Biryabarema

KAMPALA, Sept 3 (Reuters) – The Ugandan shilling was broadly stable on Tuesday, although it was expected to weaken due to increased demand for dollars from general merchandise importers, traders said.

At 0740 GMT, commercial banks quoted the shilling at 3,720/3,730, compared with Monday’s closing rate of 3,718/3,728.

(Reporting by Elias Biryabarema; Editing by George Obulutsa)

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