Ugandan shilling weakens slightly on interbank demand

Kitco Media
By Reuters
Published:
Updated:
Reuters
KAMPALA, March 16 (Reuters) - The Ugandan shilling weakened slightly on Thursday on the back of continuing elevated demand for hard currency from players in the interbank market, traders said.


At 0832 GMT commercial banks quoted the shilling at 3,745/3,755, compared to Wednesday's close of 3,740/3,750.



(Reporting by Elias Biryabarema; Editing by Hereward Holland)

1232; Reuters Messaging: elias.biryabarema.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.