Ugandan shilling stable; to firm due to coffee export inflows

Author Logo | Tue, 07 Jan 2025 10:00:56 GMT

KAMPALA, Jan 7 (Reuters) – The Ugandan shilling was broadly stable on Tuesday but was expected to firm on the back of dollar inflows from coffee and other commodity exporters, traders said.

At 0912 GMT, commercial banks quoted the shilling at 3,686/3,696, compared with Monday’s closing rate of 3,687/3,697.

(Reporting by Elias Biryabarema; editing by George Obulutsa)

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