KAMPALA (Reuters) - The Uganda shilling rose a touch against the dollar on Friday, a day after the central bank bought greenbacks to slow a sharp climb in the currency, which traders expect will remain bullish. On Thursday, Bank of Uganda (BoU) bought an unspecified amount of dollars after the shilling climbed sharply in early morning trade. At 0820 GMT commercial banks quoted the local currency at 2,375/2,385, slightly stronger than Thursday's close of 2,380/2,390. ...
Thursday, March 29, 2012
Uganda shilling up slightly vs dlr, seen strengthening
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