Macro Analysis /

Deteriorating terms of trade explain the Kenyan shilling's weakness

Forex: Persisting current account deficit to pressure the Kenyan shilling further
Fixed Income: The are some embers of light flickering at the end of the tunnel for Ethiopia
Macroeconomic: Central Bank of Egypt opts to leave rates on hold as it assesses the impact of its previous hikes

Kieran Siney

Head of African Markets @ ETM Analytics

Takudzwa Ndawona

Financial Markets Analyst @ ETM Analytics

24 June 2022

Published byETM Analytics

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