The Ugandan shilling was stable on Monday, with tepid economic activity slowing importer demand for hard currency.
Shilling stable on weak economic activity
At 0915 GMT commercial banks quoted the shilling at 3,345/3,352 unchanged from Friday's close.
"The common sentiment is that there's significant slowdown in economic activity and as a result we're witnessing an extreme slowdown in (dollar) demand on the corporate side," said David Bagambe, trader at Diamond Trust Bank.
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