Pre-Trading Thoughts
· Inflation figures for December 2021 will be released by CAPMAS tomorrow morning. We expect urban headline inflation to record c.6% YoY, as some food items' prices cool down relatively, but favorable base effect starts to fade away. · Net International Reserves inched up by about USD26 million in December 2021, due to increments in foreign currencies and gold components. · Minister of Finance s...
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