March 11 – March 18, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

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The local currency recovered from previous week’s losses amid a slow down in appetite for dollars . On the supply side, inflows from coffee and other commodity traders helped in uplifting the shilling. Trading was in the range of 3580/90.In the fixed income, yields remained flat. The broader flattening bias across the yield curve is likely to persist given the liquidity levels in the banking sys