Kenyan Shilling Still Bleeding, Falls Deepest In History

Exchange Rate Performance

USD|KES: KES weakened 0.05 percent to close at 119.63 (-5.73 percent year-to-date).

GBP|KES: KES strengthened 1.30 percent to close at 142.27 (+6.43 percent year-to-date).

EUR|KES: KES strengthened 0.79 percent to close at 120.62 (+5.76 percent year-to-date).

Kenyan Stock Market

Total equity turnover fell by 50.51 percent to close at USD 1.18 MN (KES 141.18 MN) compared to Friday’s turnover of USD 2.38 MN (KES 285.28 MN).

NSE 20 and NASI shrunk by 0.49 percent and 1.89 percent to close at 1,770.46 and 143.56, respectively.

Foreign investors assumed a net selling position by accounting for 28.62 percent of total market purchases and 34.19 percent of total market sales.

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