Ugandan shilling extends losses on strong demand by banks, importers

KAMPALA, March 15 (Reuters) - The Ugandan shilling extended its losses on Wednesday on the back of surging demand for hard currency from commercial banks and merchandise importers, traders said.

At 0836 GMT commercial banks quoted the shilling at 3,740/3,750, compared to Tuesday's close of 3,725/3,735.
(Reporting by Elias Biryabarema; Editing by Hereward Holland)

1232; Reuters Messaging: elias.biryabarema.thomsonreuters.com@reuters.net))

Reuters

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Ugandan shilling extends losses on strong demand by banks, importers

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