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Views Article – Sharenet Wealth

Africa, Forex

Ugandan shilling steady; traders await central bank rate decision

KAMPALA (Reuters) – The Ugandan shilling was steady on Tuesday, with some traders staying on the sidelines, reluctant to take positions ahead of a central bank rate decision due on Thursday.

At 1008 GMT, commercial banks quoted the shilling at 3,690/3,700 per dollar, the same level as Monday’s close.

(Reporting by Elias Biryabarema; Editing by George Obulutsa)


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