November 26 – December 3, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

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The local currency found support in a fairly stable market environment characterized by lack of vigour on the demand side against sufficient supply levels. Trading was confined in a tight range of 3550/60. In the fixed income, the bond yields for the 2 and 10 year printed at 11% and 14% respectively. BOU mopped only 73 billion out of the 500 billion on offer. BOU ‘s action to cut off outlier