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View Full Version : Uganda Shilling Rises to Five-Month High as Dollar Demand Drops - Bloomberg



NewsWhore
12-08-2011, 07:20 AM
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Uganda Shilling Rises to Five-Month High as Dollar Demand Drops (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF7vdOYnfLMs9wesqwODyZGqPkHrw&url=http://www.bloomberg.com/news/2011-12-08/uganda-shilling-rises-to-five-month-high-as-dollar-demand-drops.html)
Bloomberg
The currency of East Africa&#39;s third-largest economy rose 1.1 percent to 2461.50 per dollar and traded 0.8 percent higher at 2468 at 12:24 pm, the strongest since June 21. “Limited dollar demand is driving the shilling gains,” Faisal Bukenya, ...

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