November 27 – December 4, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

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The local currency traded with a mild bullish bias, gaining slightly on heightened interbank and corporate activity that saw the unit trading within a narrow range of 3690/3700.In other domestic economic news, CPI data showed a slight drop in consumer inflation in November to 3.7% in annual terms.The modest readings put the monetary authorities in a comfortable zone.In the fixed income market, yie