February 5 – February 12, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

Getting your Trinity Audio player ready...

The Uganda shilling inched up against the dollar, benefiting from subdued trading activity as market players held onto the local currency in preparation of mid-month tax payments. Trading was in the range of 3655/65.In the fixed income market, the treasury bills were generally flat with yields at 7.768%, 10.711% and 12.500%. Demand for the assets continue to be supported by the search for yields f