Ugandan shilling stable, commodity inflows to offer support

KAMPALA (southafricnews) – The Ugandan shilling was stable on Thursday and was expected to strengthen on the back of some dollar inflows from exporters of commodities like coffee, gold, tea and others.

At 0927 GMT, commercial banks quoted the shilling at 3,670/3,780, same level as Wednesday’s close.

Reporting by Elias Biryabarema; Editing by George Obulutsa

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