September 3 – September 10, 2021: Weekly financial markets review and outlook with Stephen Kaboyo

The local currency underwent a lite volatile spin mainly driven by interbank short covering and some importer demand. Trading held in the range of 3515/30.In fixed income space, government borrowing costs dipped, testing uncharted lows. The bullish supply and demand factors reflect the view that treasury will continue relying on the domestic banking system to plug its revenue shortfalls while dema