Demand from energy importers expected to weigh on Ugandan shilling

KAMPALA (Reuters) -The Ugandan shilling remained largely steady on Monday, with a marginal tilt towards weakness, due to increased demand for hard currency from energy importers, according to traders.

Commercial banks quoted the shilling at 3,662/3,672 at 0741 GMT, compared to Friday’s close of 3,661/3,671.

(Reporting by Elias Biryabarema; Editing by Bate Felix)