Shilling Opens The Week Weaker Than Friday But Still Resilient
The Kenyan shilling opened the week slightly weaker than Friday but still resilient against the US Dollar, the Sterling Pound and the Euro.
On Monday, the shilling weakened against the US Dollar by 0.12 percent as compared to Friday to close the day at 103.08.
Against the Sterling Pound, the shilling weakened by 0.34 percent in comparison of its performance on Friday to close the day at 138.32.
Against the Euro, the shilling went slightly down by 0.16 percent as compared to Friday to close the day at 121.20.
The market turnover at the bourse dropped by 32.3 percent as compared to the session on Friday.
The session closed the day at USD 3.57 million or an equivalent of 367.94 million shillings.
On the same day, the NSE 20 dropped by 0.50 percent to close the day at 3,731.79 while NASI rose by 0.42 percent to close the day at 176.00.
Across the pond, in Rwanda, the RSE RSI and RASI remained unchanged at 134.39 and 133.34 respectively while in Uganda, USE ALSI rose 0.15 percent and USE LCI declined 0.57 percent.
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