November 12 – November 19, 2021: Weekly financial markets review and outlook with Stephen Kaboyo
Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners
The Uganda shilling surrendered some ground shedding off at least 15 units on the back of heavy demand from fuel importers stocking up for end of year. Trading was in the range of 3550/60.
In the regional markets, the Kenya shilling equally edged down, pressured by strong energy demand to trade at 112.15/35.
Globally the US dollar was set to post a second week of gains, touching a 16 month h
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