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January 1 – January 7, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners

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In the first trading week of the year, the Uganda shilling was little changed following a quiet holiday period. Market activity remained low as most market players were yet to fully resume trading. Bid and Ask quotes were 3535/3545In other African markets it was a similar trend mainly underpinned by subdued demand . However in the coming week, the Kenya and Zambia are expected to weaken as activit

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