Ugandan shilling little-changed, remains under pressure

Ugandan shilling little-changed, remains under pressure

KAMPALA, Aug 19 (Reuters) - The Uganda shilling UGX= was little-changed on Friday but was feeling downward pressure from strong demand for hard currency by merchandise importers and offshore investors, traders said.

At 0929 GMT commercial banks quoted the shilling at 3,840/3,850, compared to Thursday's close of 3,830/3,840.

UGX Spot Rate..... UGX= Ugandan Shilling Money Guide.... UGX/1 Calculated Cross Rates.......... UGXX= Deposits..................... UGXDEPO= Deposits & Forwards............. UGXF= Uganda Equities Guide....... UG/EQUITY Uganda All Share Index........ .ALSIUG Shilling background ..... UGX/BKGDINFO Ugandan Debt Guide............ UG/DEBT All Uganda Bonds............. 0#UGTSY= Uganda T-Bills.............. 0#UGTSYS= Uganda Benchmark............. 0#UGBMK= Central Bank ................ BOUGINDEX Ugandan Contributor Index.... UG/CONT1 Uganda Coffee Prices....... COFFEE/UG01


Reporting by Elias Biryabarema; Editing by Hereward Holland