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Kenyan Shilling Falls Against The Dollar, Euro And The Pound

BY Soko Directory Team · December 23, 2022 12:12 pm

KEY POINTS

Total equity turnover declined by 78.57 percent to close at USD 0.79 MN (KES 97.66 MN) compared to yesterday's turnover of USD 3.70 MN (KES 455.75 MN).

KEY TAKEAWAYS

The shilling weakened 0.02 percent against the US Dollar to close at 123.16 (-8.86 percent year-to-date). It also weakened against the Pound by 0.09 percent to close at 149.54 (+1.66 percent year-to-date).

The Kenyan Shilling has continued with its weakening mission, hitting the lowest against the US Dollar on Thursday. The local currency also weakened against both the Euro and the Pound.

Exchange Rate Performance

The shilling weakened 0.02 percent against the US Dollar to close at 123.16 (-8.86 percent year-to-date). It also weakened against the Pound by 0.09 percent to close at 149.54 (+1.66 percent year-to-date). The weakening continued into the Euro with 0.21 percent to close at 130.87 (-2.25 percent year-to-date).

30 years of SIB

Kenyan Stock Market

Total equity turnover declined by 78.57 percent to close at USD 0.79 MN (KES 97.66 MN) compared to yesterday’s turnover of USD 3.70 MN (KES 455.75 MN).

NSE 20 and NASI dropped by 0.10 percent and 0.05 percent to close at 1,654.71 and 128.09 respectively.

Foreign investors assumed a net selling position by accounting for 32.81% of total market purchases and 40.44 percent of total market sales.

Related Content: Kenyan Shilling Still Feeling The Heat Of The Dollar

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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