January 7 – January 14, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

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The Uganda shilling ticked slightly higher in thin trading on cautious optimism as the economy opens up. Sustained market inflows also worked in favour of the local unit. Trading was in the range of 3525/35.In African markets, Zambia, Kenya, and Tanzanian currencies were firm on general slow down of demand while Nigerian Naira shed value responding mainly on global energy factors.In the global cur