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

The shilling opened the week firm, but surrendered some ground on uptick of corporate and interbank demand. Courtesy photo

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The shilling opened the week firm, but surrendered some ground on uptick of corporate and interbank demand. The surge was seen as intermittent and was likely not to hold for long. Trading was in the range of 3660/70 on both counters.In the fixed income market, yields on government treasuries remained flat but tracking the trend in the last quarter, yields have been on the decline, but still hugely

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