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Ugandan shilling unchanged as firms prepare for tax payments

Ugandan shilling unchanged as firms prepare for tax paymentsKAMPALA: The Ugandan shilling was stable on Monday, underpinned by low demand for dollars as most firms held on to the local currency to help them meet mid-month tax obligations.

At 0950 GMT, commercial banks quoted the shilling at 3,635/3,645, unchanged from Friday’s close.

Copyright Reuters, 2017
 

Source: Brecorder.com

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