Money Markets Archives – CEO East Africa

Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners

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

The shilling maintained a bullish stance trading below the new improved support of 3700. The unit recovered its losses ending the downtrend seen in the last couple of months. Market activity was

December 9, 2022

News & Analysis

November 4 – November 11, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling continued to beat expectations and maintained a bullish stance supported by remittances and charities. The unit threatened to break lower the support level of 3750. In the fixed income

November 11, 2022

Banking & Financial Services·News & Analysis

October 28 – November 4, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling reversed course and slightly strengthened as end month flows gave support amid subdued demand. The unit traded below the 3800 level for the first time in months. The shilling

November 4, 2022

Banking & Financial Services·News & Analysis

October 14 – October 21, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling firmed in thin trade. Activity was low on both counters. The unit was quoted at 3825/35 in most of the trading sessions of the week. In other peer markets

October 21, 2022

News & Analysis

October 7 – October 14, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling surrendered its previous gains on revived demand by local firms for imports amid the dollar supply dearth. The unit traded at 3830/40. In other peer markets most of the

October 14, 2022

Banking & Financial Services·News & Analysis

September 30 – October 7, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling marginally gained as it searched for a meaningful direction on either side of 3800 mark. The unit joined a global risk rally amid weakness in the US treasury yields

October 7, 2022

Banking & Financial Services·News & Analysis

September 23 – September 30, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling was caught in crossfire of a strengthening dollar as the local market stayed long USD. Markets remained cautious as weekly losses for risky assets were exacerbated by sterling’s decline

September 30, 2022

Banking & Financial Services·News & Analysis

September 9 – September 16, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

It was choppy trading for the Uganda shilling with mid month effect cooling the demand side. The unit traded pretty much in no- man’s land, unable to break below 3800 level and

September 16, 2022

News & Analysis

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.

September 9, 2022

Banking & Financial Services·News & Analysis

August 26 – September 2, 2022: Weekly financial markets review and outlook with Stephen Kaboyo

The Uganda shilling held steady, trading within range amid low dollar appetite across all sectors. Supply was beefed up by end month conversions. The unit was quoted at 3800/10. The Kenya shilling

September 2, 2022

Banking & Financial Services·News & Analysis