April 16 – April 23, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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The Uganda Shilling was somewhat at crossroads, searching for fresh direction before making its next move as volatility was the order of business. Technical analysis of the market pointed to an oversold currency. Trading was in the wide range of 3590/ 3625.In the fixed income market, investors continued to see value in high yielding instruments and high risk currency. Yields on the short end of th