KAMPALA (Reuters) – The Ugandan shilling was unchanged on Friday but the market outlook was bearish for next week, with expectations of strong dollar demand from more offshore investors looking to bale out of emerging market assets. At 1108 GMT commercial banks in Kampala quoted the currency of east Africa’s third-largest economy at 2,595/2,605 against the dollar, unchanged from Thursday’s close. “I would expect the offshores (investors) to be selling EM (emerging market) debt and for our case may be selling bonds and buying dollars … …
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