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Local currency trades weaker on Wednesday

Money markets were fairly liquid during Wednesday’s session with overnight yields at averages of 10.43% according to Absa.

Local currency trades weaker on Wednesday
By: NewVision Reporter, Journalist @NewVision

Dollar demand during Wednesday’s session led the shilling to weaken to close at lows of 3830/3840 from the day’s opening of 3818/3828. Inflows were outmatched by the robust

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Tags:
Uganda shilling
Money markets
US dollar