Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners
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The local currency marginally pulled back, largely driven by interbank market activity while demand from other sectors of the economy remained dull. Trading was in the range of 3520/30In the regional currencies, South African rand, Kenyan shilling , Nigerian naira and Zambian kwacha were all in cautious trade as events in the global markets stoked risk aversion. Kenya shilling in particular was on

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