July 30 – August 6, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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The shilling was a touch stronger at the close of the week, well supported by sufficient flows that kept demand in check. Major players quoted the shilling at 3540/50.In the fixed income space, the high liquidity levels in the market kept a lid on yields as commercial banks continued to place huge amounts in the government securities as the lending market that would otherwise be the alternative ch