Ugandan shilling steady, tax payments squeeze dollar demand

By Kitco News / February 19, 2018 / www.kitco.com / Article Link

KAMPALA, Feb 19 (Reuters) - The Uganda shilling was steady on Monday, underpinned by a slowdown in appetite for dollars after most firms used some of their liquidity to meet mid-month tax payments.

At 0933 GMT, commercial banks quoted the shilling at 3,630/3,640, same level as Thursday's close. Markets in Uganda were closed on Friday for a holiday.

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)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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