Uganda shilling weakens due to surge in commercial bank and importer demand

KAMPALA (Reuters) – 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.

UGX Spot Rate………………. Ugandan Shilling Money Guide…. Calculated Cross Rates………. Deposits………………… Deposits & Forwards…………. Uganda Equities Guide……. Uganda All Share Index…….. Shilling background ….. Ugandan Debt Guide………… All Uganda Bonds…………. Uganda T-Bills………….. Uganda Benchmark…………. Central Bank ……………. Ugandan Contributor Index…. Uganda Coffee Prices…….

(Reporting by Elias Biryabarema; Editing by George Obulutsa)

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