Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners
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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