Currencies

The Ugandan shilling gained on Thursday, helped by dollar inflows from offshore investors participating in this week's Treasury auction, traders said.

May 29, 2025
925 Less than a minute
Ugandan Shilling Strengthens on Supported Offshore FX inflows

The Ugandan shilling gained on Thursday, helped by dollar inflows from offshore investors participating in this week’s Treasury auction, traders said.

On Thursday morning, commercial banks quoted the shilling at 3,628/3,638, compared with Wednesday’s closing rate of 3,638/3,648.

 

May 29, 2025
925 Less than a minute
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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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