Ugandan shilling eases due to increased commercial bank FX demand

KAMPALA (Reuters) -The Ugandan shilling weakened against the dollar on Friday, undercut by increased demand for dollars from commercial banks, traders said.

At 0743 GMT commercial banks quoted the shilling at 3,652/3,662, compared with Thursday’s close of 3,645/3,655.

(Reporting by Elias Biryabarema; Ediiting by George Obulutsa)