In Uganda Shilling steady, seen gaining in coming days

At 0937 GMT commercial banks quoted the shilling at 3,305/3,315, unchanged from Thursday's close.

  • Published:
Ugandan Shilling play

Ugandan Shilling

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

The Ugandan shilling held steady on Friday, with month-end inflows and scarce liquidity expected to lend extra support to the local currency next week.

At 0937 GMT commercial banks quoted the shilling at 3,305/3,315, unchanged from Thursday's close.

"The shilling is likely to extend it's stability ... as the month-end flows are expected to render some support," Alpha Capital Partners said in a market report.

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.