September 4 – September 11, 2020: Weekly financial markets review and outlook with Stephen Kaboyo

The local currency backtracked mid-week pausing the stable stance in the previous sessions. The shilling breached a key level of 3,700 on the sell side as demand surged mainly from importers, retail and energy players. Supply side remained subdued.The fixed income market segment continued to register significant demand that saw yields remain relatively flat. The auction coincided with the Central