Shilling slips further on high corporate dollar appetite.
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Date
2026-05-25
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New Vision
Abstract
The Uganda shilling extended its losses last week, closing at 3775/3785 to the dollar compared with 3750/3760 at the start of the prior week. Strong demand for dollars from corporates in manufacturing, energy and telecoms, along with offshore investors, drove the move, according to market observers.
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Newspaper Article
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Citation
Twaha, A. (2026). Shilling slips further on high corporate dollar appetite. New Vision.