Business
Uganda shilling trades steadily on Monday
The local unit traded at 3765 / 3775 levels all day, largely due to balanced demand and supply seen on the day.
Uganda shilling trades steadily on Monday
By: Ali Twaha, Journalist @New Vision
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The Uganda shilling opened the week trading steady, supported by subdued activity during Monday’s session.
The local unit traded at 3765 / 3775 levels all day, largely due to balanced demand and supply seen on the day.
Liquidity in the money markets remained ample, with overnight and one-week rates averaging 9.50% and 10.50%, respectively, according to Absa data.