April 11, 2018 / 9:35 AM / 3 months ago

Ugandan shilling seen vulnerable to losses on high liquidity

KAMPALA, April 11 (Reuters) - The Ugandan shilling was stable on Wednesday but traders said it was vulnerable to depreciation on the back of importer demand and abundant local currency liquidity in the money markets.

At 0914 GMT commercial banks quoted the local currency at 3,690/3,700 , same level as Tuesday’s close.

UGX Spot Rate..... Ugandan Shilling Money Guide.... Calculated Cross Rates.......... Deposits..................... Deposits & Forwards............. Uganda Equities Guide....... Uganda All Share Index........ Shilling background ..... Ugandan Debt Guide............ All Uganda Bonds............. Uganda T-Bills.............. Uganda Benchmark............. Central Bank ................ Ugandan Contributor Index.... Uganda Coffee Prices.......

Reporting by Elias Biryabarema Editing by Maggie Fick

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