News

KAMPALA, March 17 (Reuters) - The Ugandan shilling was little-changed on Monday and was expected to weaken on the back of some demand for dollars from commercial banks, traders said. At 0849 GMT ...
However, on a year-on-year basis, the shilling strengthened by 3.1%, rising from sh3,805.03 per dollar to sh3,688.96 in the review period, largely linked to strong FDI inflows.
KAMPALA, Oct 2 (Reuters) - The Ugandan shilling was little-changed on Wednesday, but was expected to weaken, undercut by an uptick in demand for dollars from the energy and manufacturing sectors ...