Dollar wavers to a fresh eight-week low after U.S Treasury yields fell

The Shilling’s movement was restricted within tight ranges as calm continued to engulf the local FX market on Thursday. A state of equilibrium permeated as trivial dollar inflows matched corporate demand for foreign currency, leaving the USDUGX pair tucked within the current range of 3700-3720 band. As dollar demand eases in the coming days, the […]

The post Dollar wavers to a fresh eight-week low after U.S Treasury yields fell appeared first on East African Business Week.

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