September 18 – September 25, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

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The Uganda shilling slid mid-week and remained weak, retreating to a weekly low to trade slightly above the key level of 3,700. USD/UGX pair was to a large extent sentiment driven as traders took positions in anticipation of stepped up demand ahead of opening up of the country’s borders and international air travel.In the fixed income market, the yields remained generally flat with investors rem