27-01-2016 11:22 via news.yahoo.com

Ugandan shilling unchanged as demand curbed ahead of election

By Elias Biryabarema KAMPALA (Reuters) - The Ugandan shilling was steady on Wednesday as hard currency buyers continued to stay on the sidelines, possibly limiting economic activity ahead of the Feb. 18 presidential election. At 0919 GMT commercial banks quoted the shilling at 3,470/3,480, unchanged from Monday. Markets were closed in Uganda on Tuesday as it was a holiday. "We're not seeing any buying interest from the usual big clients. They are cautious, may be waiting to come in after the ele
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