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Financials

Ugandan shilling flat as election uncertainity subdues economic activity

KAMPALA, Feb 19 (Reuters) - The Ugandan shilling was
stable on Friday on the back of  subdued economic activity as a
lot of businesses in the capital remained closed amid fears of
post-election chaos.
    At 1041 GMT commercial banks quoted the shilling at
3,420/3,430, unchanged from Wednesday's close. 
    The markets were closed on Thursday as the country held a
presidential election in which president Yoweri Museveni is
seeking to extend his 30-year grip on power.
    "Most businesses are still closed because of the uncertainty
surrounding the election so demand is virtually dead both from
banks and our corporate clients," said a trader from a leading
commercial bank. 
    
   UGX Spot Rate................... 
   Ugandan Shilling Money Guide.... 
   Calculated Cross Rates.......... 
   Deposits..................... 
   Deposits & Forwards............. 
   Uganda Equities Guide....... 
   Uganda All Share Index........ 
   Shilling background ..... 
   Ugandan Debt Guide............ 
   All Uganda Bonds............. 
   Uganda T-Bills.............. 
   Uganda Benchmark............. 
   Central Bank ................ 
   Ugandan Contributor Index.... 
   Uganda Coffee Prices....... 

 (Reporting by Elias Biryabarema; Editing by Drazen Jorgic)
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