In Uganda Shilling stable, offshore flows seen offering boost

At 0916 GMT, commercial banks quoted the shilling at 3,365/3,375, unchanged from Friday's close.

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Ugandan Shilling play

Ugandan Shilling

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The Ugandan shilling held steady on Monday and traders said it was likely to strengthen, supported by foreign investor demand for local debt, which could drive up hard currency inflows .

At 0916 GMT, commercial banks quoted the shilling at 3,365/3,375, unchanged from Friday's close.

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