The Rwanda OTC Market (ROTCM) was continues to be silent. On Tuesday at the close of the session, KCB counter had no shares on offer and no buyers.

OLD MUTUAL, the largest pension scheme in Zimbabwe said it is ready to pay out pensioners in foreign currency but was awaiting clearance from the Commissioner of Pensions.

Kenya's shilling held steady against the dollar on Friday, giving up gains made in early trade after the Central Bank entered the market to buy the U.S. currency, dealers said.

STANBIC Bank is to issue a sh30b note that will be used to borrow from the market to finance mortgage lending and asset financing.

At this point, intraday bias in USD/CAD remains on the downside as long as 1.1009 minor resistance holds. Fall from 1.1723 is treated as resumption of the whole fall from 1.3063 and break of 1.0784 will confirm this case and

USD/JPY's rise from 91.73 resumed and took out 94.87 resistance on the current rise. Intraday bias remains on the upside as long as 94.30 minor support holds. Further rise could be seen to 100% projection of 91.73 to 94.78 from

Although the greenback dropped to as low as 1.0622 earlier this week, as dollar has recovered, suggesting further consolidation above support at 1.0592 would take place and corrective bounce to 1.0900 cannot be ruled out, however, price should stay below

As euro has maintained a firm undertone, we are retaining our latest preferred count and the upmove from 112.08 is still treated as the wave 1 of C with minor wave iii ended at 137.42, followed by triangle wave iv

As discussed before, the break of 1.5223 resistance indicates that rise from 1.5108 has resumed and should now be targeting 1.5281 resistance. Break will affirm the case that correction from 1.5380 has completed already and will target a retest this

Outlook in EUR/GBP remains rather mixed as the cross continues to gyrate inside range of 0.8546 and 0.8697. Nevertheless, with 0.8546 support intact, favor is still on the upside. Above 0.8697 will indicate that rebound from 0.8399 has resumed and

No change in EUR/JPY's outlook. Intraday bias remains on the upside with 133.85 minor support intact and rise from 127.08 is still expected to extend further to 136.87 resistance first. Break there will confirm correction from 139.21 has completed with