December 11 – December 18, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

Getting your Trinity Audio player ready...

The shilling powered to its firmest in the last full trading week of year, trading below 3650, building on its recent gains as market flows increased against subdued demand.In the fixed income market, yields rose across all tenors in the Treasury bill auction. The neutral policy stance announced earlier in the week also gave boost to the currency with search for yield carry traders showing renewed