The local currency recovered from previous week’s losses amid a slow down in appetite for dollars . On the supply side, inflows from coffee and other commodity traders helped in uplifting the shilling. Trading was in the range of 3580/90.In the fixed income, yields remained flat. The broader flattening bias across the yield curve is likely to persist given the liquidity levels in the banking system. Treasury bills printed at 6.501%,8.224% and 9.801% respectively.In the regional markets, most African currencies bounced back as market sentiment was boosted by the ongoing Russian- Ukraine talks and the positive data on US oil…
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