In Uganda Shilling weakens on manufacturers' dollar demand

At 0920 GMT, commercial Banks quoted the shilling at 3,380/3,390, down from Monday's close of 3,373/3,383.

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Ugandan Shilling play

Ugandan Shilling

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The Ugandan shilling was weakened on Tuesday on the back of higher appetite for hard currency from manufacturing firms and commercial banks closing short positions, traders said.

At 0920 GMT, commercial Banks quoted the shilling at 3,380/3,390, down from Monday's close of 3,373/3,383.

The Ugandan shilling edged up on Friday after the central bank mopped up excess liquidity from the money market triggering a liquidity squeeze.

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