finance

Uganda Shilling claws back gains on Friday

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Quiet trading during Friday’s trading session kept the Uganda shilling within the 3500/3510 trading range, traders said.

The day’s trading range was however marginally stronger than Thursday’s close of 3505/3515 as month-end flows from non-governmental organisations continued to trickle in.

Money markets were liquid, according to Absa on Friday with overnight yields at averages of 6.50%.

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