August 13 – August 20, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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The local unit was relatively stable with a bit of interbank demand that emerged well managed by the available supply in the market as players squared off. Trading held in the range of 3525/35.In the fixed income market, the record demand at the weekly sale of government securities indicate that the prevailing higher yields compared to other peer markets continue to downplay investor’s concerns