Latest news with #UgandanShilling
Reuters
23-06-2025
- Business
- Reuters
Ugandan shilling stable; to ease due to importer FX demand
KAMPALA, June 23 (Reuters) - The Ugandan shilling was stable on Monday and it could weaken, driven by dollar demand from merchandise importers, traders said. At 0858 GMT, commercial banks quoted the shilling at 3,603/3,613, compared with Friday's closing rate of 3,600/3,610.
Reuters
13-06-2025
- Business
- Reuters
Ugandan shilling slips on interbank demand for dollars
KAMPALA, June 13 (Reuters) - The Ugandan shilling weakened on Friday, pressured by a resurgence in demand for hard currency from interbank players seeking to bolster their positions, traders said. At 0838 GMT, commercial banks quoted the shilling at 3,600/3,610, compared to Thursday's close of 3,585/3,595.
Reuters
04-06-2025
- Business
- Reuters
Ugandan shilling broadly stable, under mild pressure
KAMPALA, June 4 (Reuters) - The Ugandan shilling was broadly stable against the dollar on Wednesday, although was under mild pressure as importers in the manufacturing and energy sectors sought foreign exchange, traders said. At 0845 GMT commercial banks quoted the shilling at 3,637/3,647, compared to Monday's close of 3,635/3,645. Markets were closed on Tuesday for a national holiday.
Reuters
02-06-2025
- Business
- Reuters
Ugandan shilling stable on weak importer appetite
KAMPALA, June 2 (Reuters) - The Ugandan shilling was steady in early trade on Monday compared with the previous session, underpinned by slow importer appetite for hard currency, traders said. At 0755 GMT commercial banks quoted the shilling at 3,633/3,643 against the dollar, stable from Friday's close.
Reuters
29-05-2025
- Business
- Reuters
Ugandan shilling strengthens; offshore FX inflows help
KAMPALA, May 29 (Reuters) - The Ugandan shilling gained on Thursday, helped by dollar inflows from offshore investors participating in this week's Treasury auction, traders said. At 0726 GMT, commercial banks quoted the shilling at 3,628/3,638, compared with Wednesday's closing rate of 3,638/3,648.
