In Uganda Shilling firm as central bank mops up liquidity

At 0826 GMT commercial banks quoted the shilling at 3,320/3,330, unchanged from Wednesday's close.

  • Published:
Ugandan Shilling play

Ugandan Shilling

(google)
24/7 Live - Subscribe to the Pulse Newsletter!

The Ugandan shilling was firm on Friday, supported by a central bank mop-up of excess local currency liquidity from the interbank market using a six-day repurchase agreement (repo).

At 0826 GMT commercial banks quoted the shilling at 3,320/3,330, unchanged from Wednesday's close. Markets were closed on Thursday for a national holiday.

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.