Local currency range bound ahead of sh185b auction
The Bank of Uganda will conduct a treasury bill auction tomorrow (May 24) worth sh185b, which is expected to further give support the local currency against a strong dollar.
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Local currency range bound ahead of sh185b auction
NewVision Reporter
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#Uganda shilling #Local currency #Trade #Bank of Uganda
The local unit traded sideways on Tuesday with both demand and supply squaring out on the day, traders said.