February 19 – February 26, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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The Uganda Shilling held steady with supply side showing strong response against tepid demand. Trading was in the range of 3665/75. In other UGX peer currencies, the trend was similar following comments by the US Fed Chairman that the US economy needed support for some time creating negative sentiment and hurting the dollar.In the fixed income markets, yields on the short term government paper sli