In Uganda Shilling slips as banks cover short dollar positions

At 0754 GMT commercial banks quoted the shilling at 3,385/3,395, slightly weaker than Monday's close of 3,375/3,385.

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Ugandan Shilling play

Ugandan Shilling

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The Ugandan shilling weakened modestly on Tuesday as commercial banks sought dollars to cover short positions in the U.S. currency.

At 0754 GMT commercial banks quoted the shilling at 3,385/3,395, slightly weaker than Monday's close of 3,375/3,385.

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