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Kenyan Shilling Collapses Further, Ends Tuesday The Lowest In History

BY Soko Directory Team · August 29, 2023 05:08 pm

KEY POINTS

Total equity turnover rose by 33.45% to close at USD 0.74 MN (KES 106.89 MN) compared to yesterday's turnover of USD 0.55 MN (KES 80.10 MN). 

Exchange Rate Performance

  • USD|KES: KES weakened by 0.11% to close at 145.15 (-17.65% year-to-date).
  • GBP|KES: KES strengthened by 0.09% to close at 182.79 (-23.12% year-to-date).
  • EUR|KES: KES weakened by 0.16% to close at 156.99 (-19.59% year-to-date).

Read Also: Unlocking Financial Wisdom: 7 Essential Money Rules You Should Have

Kenyan Stock Market

Total equity turnover rose by 33.45% to close at USD 0.74 MN (KES 106.89 MN) compared to yesterday’s turnover of USD 0.55 MN (KES 80.10 MN).

NSE 20 rose by 0.39% to close at 1,526.85 and NASI eased by 0.09%  to close at 99.08.

Foreign investors assumed a net selling position by accounting for 32.03% of total market purchases and 47.11% of total market sales.

Read Also: How Kenya is Confronting Illicit Money, Fake Currency, And Money Laundering In Its Economy

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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