May 13th – May 19th, 2023: Weekly financial markets review and outlook
Uganda's Central Bank has revised key capital buffers to enhance resilience
The Ugandan Shilling was relatively stable with flows from commodity Exeter’s and offshore investors lending support. The unit held in a narrow range of 2715/25.
In the neighbouring Kenya market, the Kenyan Shilling lost ground on elevated dollar demand from various sectors, trading at 137.38, and was kept to surrender more ground.
In the bond market, the 5 and 20-year bond yields he
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