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How local currency fared on Tuesday

Liquidity was tight in the short-term money markets with overnight at averages of 10.58% according to Absa. 

How local currency fared on Tuesday
By: NewVision Reporter, Journalists @NewVision

The Uganda shilling weakened on Tuesday to close the day at the 3784/3794 levels from the day’s opening of 3775/3785 driven by dollar demand from corporates as dollar

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Uganda shilling
Money markets