By the close of business on Friday, Commercial banks quoted the shilling at 3,685/3,695 unchanged from the morning session.
“Outlook for the shilling indicates a choppy market on account of slackened demand."
Traders noted that the shilling held strong against the dollar on Friday due to offshore inflows.
It’s quite unfortunate that the ministry of finance did not indicate in all the budget documents and website the exchange rate at which the FY 2018/19...
This is how the Ugandan shilling is trading against the dollar
This is how the Ugandan shilling is trading against other currencies
This is how the Ugandan shilling is trading against various currencies
The shilling has been largely stable in a fairly even market, says Stephen Kaboyo.
Meanwhile, Uganda’s annual headline inflation has decreased
The Ugandan shilling exchanged at 3,999.32 and 4,010.47 buying and selling to the Euro.
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