Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners
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The Uganda shilling traded with a mild appreciation bias following a dovish central bank monetary policy decision to keep the policy rate unchanged . The unit traded in the range of 3515/25.In the fixed income market, yields remained flat amid huge uptake , trading at 6.501%, 8.039% and 9.180%.Going forward real yields are likely to remain attractive and competitive to both international and domes

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