The Kenyan shilling slightly retracted against the US Dollar, the Sterling Pound, and the Euro on Tuesday compared to Monday.
The shilling weakened against the US Dollar by 0.19 percent from Monday’s level to 101.04 shillings to the dollar.
On a year-to-date basis, the shilling was strong against the US Dollar by 2.13 percent.
Against the Sterling Pound, the Kenyan Shilling weakened by 0.09% from Monday’s level to 139.60 shillings to the Pound.
On the year-to-date basis, the shilling was down by 0.61 percent.
Against the Euro, the Kenya Shilling went down by 0.04 percent from Monday’s level to 123.73 shillings to the Euro.
On the year-to-date basis, the shilling was lower by 0.36 percent to the Euro.
On the Kenyan Stock Market, the market turnover was down 17.4 percent to USD 5.09 million or an equivalent to 514.1 million shillings from Monday’s trading.
The NSE 20 declined by 0.04 percent to close at 3,727.65 while NASI gained 0.32 percent to close at 178.35.
Foreign investors assumed a net selling position by accounting for 69.9 percent of total market sales and 39.5 percent of total market purchases.
On the EAC Markets, in Uganda, the USE ALSI rose 2.04 percent while USE LSI dropped 0.40 percent to close at 2,087.47 and 391.17 respectively while in Rwanda, the RSI and RASI held constant at 131.05 and 132.86 respectively.