Macro Analysis /

Global risk sentiment improves post FOMC, Kenya leaves rates on hold

  • Forex: Naira weakness in the parallel market compounded by crypto trades

  • Fixed Income: Egyptian Eurobond yields surge as fiscal risks become more acute

  • Macroeconomic: Kenya’s real interest rate remains negative after policymakers leave the key rate on hold at 7.5%

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
28 July 2022
Published byETM Analytics


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