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Ugandan shilling stable; to firm due to remittance inflows - REUTERS

NOVEMBER 13, 2024

Elias Biryabarema

KAMPALA, Nov 13 (Reuters) – The Ugandan shilling stable on Wednesday, although it was expected to strengthen, lifted by dollar inflows from remittances, traders said.

At 0719 GMT, commercial banks quoted the shilling at 3,665/3,675, compared with Tuesday’s closing rate of 3,668/3,678.

(Reporting by Elias Biryabarema; Editing by George Obulutsa)

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