September 2 – September 9, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling firmed in volatile trade that saw both gains and losses. On one hand commodity flows boosted the supply side while pockets of demand were seen from the energy sector. The unit held in a wide range of 3790/3825. In the regional markets, the Kenya shilling was stable trading at 119.75/95, however forecast indicate that the unit was likely to trade with a weakening basis as bus