October 3, 2018 / 12:23 PM / 18 days ago

Ugandan shilling posts sharp gains after rate cut

KAMPALA, Oct 3 (Reuters) - The Ugandan shilling posted sharp gains on Wednesday after the central bank made a surprise hike of its key policy rate by 100 basis points to 10 percent, traders said.

At 1211 GMT commercial banks quoted the shilling at 3,775/3,785, stronger than Tuesday’s close of 3,815/3,825. 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 Omar Mohammed

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