March 4 – March 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

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The Uganda shilling surrendered some ground, undercut by a surge in dollar demand from offshore buyers, oil and merchandise importers. The local unit traded just above the 3600 key level for most of the trading sessions.Currency markets in general have not escaped the steep losses and wild swings seen across other asset classes with many facing massive downward pressure.In particular, the Kenya sh