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Monday, July 4, 2022

Ugandan shilling stable, to draw support from tax payments

Ugandan shilling stable, to draw support from tax paymentsKAMPALA: The Ugandan shilling was stable on Monday and was expected to gain ground as mid-month tax payments by most firms undermined demand for dollars.

At 1055 GMT, commercial banks quoted the shilling at 3,690/3,700, the same level as Friday’s close.

Copyright Reuters, 2018
 

Source: Brecorder

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