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Ugandan shilling stronger as foreign-currency appetite drops - REUTERS

SEPTEMBER 20, 2024

Elias Biryabarema

KAMPALA, Sept 20 (Reuters) – The Ugandan shilling posted gains on Friday, helped by a drop in hard-currency appetite from commercial banks and merchandise importers, traders said.

At 0925 GMT commercial banks quoted the shilling at 3,700/3,710 to the U.S. dollar, compared to Thursday’s closing level of 3,710/3,720.

(Reporting by Elias Biryabarema; Editing by Alexander Winning)

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