The Uganda shilling maintained its trading range during Tuesday’s session as month-end flows covered the corporate demand for the dollar that trickled into the market, traders said.
The unit traded within the 3590 – 3600 trading range during the quiet day of trading.
Money markets were liquid according to Absa with overnight yields at averages of 6.50%.
The Bank of Uganda will hold a sh220 treasury bill auction on Wednesday.
Source: New Vision