Kenyan Shilling Falls Further As The Dollar Rains Blows

Exchange Rate Performance

USD|KES: KES weakened 0.07 percent to close at 119.80 (-5.89 percent year-to-date).

GBP|KES: KES strengthened 0.17 percent to close at 141.21 (+7.13 percent year-to-date).

EUR|KES: KES strengthened 0.49 percent to close at 119.25 (+6.83 percent year-to-date).

Kenyan Stock Market

Total equity turnover grew by 65.89 percent to close at USD 1.90 MN (KES 227.87 MN) compared to Friday’s turnover of USD 1.15 MN (KES 137.36 MN).

NSE 20 grew by 0.29 percent to close at 1,758.76 while NASI shrunk by 1.27 percent to close at 140.56.

Foreign investors assumed a net buying position by accounting for 3.49 percent of total market purchases and 64.34 percent of total market sales.

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