Kenyan Shilling Sinks Further, Hits The Lowest Against The US Dollar

Exchange Rate Performance

USD|KES: KES weakened by 0.09% to close at 143.58 (-16.38% year-to-date).

GBP|KES: KES weakened by 0.31% to close at 183.25 (-23.42% year-to-date).

EUR|KES: KES weakened by 0.51% to close at 158.31 (-20.61% year-to-date).

Read Also: People Who Become Temporarily Insane When They Get Money

Kenyan Stock Market

Total equity turnover dropped by 33.33% to close at USD 1.58 MN (KES 227.23 MN) compared to yesterday’s turnover of USD 2.38 MN (KES 340.86 MN).

NSE 20 declined by 0.03% to close at 1,594.02 and NASI eased by 0.32% to close at 104.00.

Foreign investors assumed a net buying position by accounting for 70.68% of total market purchases and 68.98% of total market sales.

Read Also: Dear Entrepreneur, Here Are 10 Money Habits Of The Rich