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Kenyan Shilling Depreciates Again, Hits The Lowest In History

BY Dyer and Blair · September 12, 2023 06:09 pm

KEY POINTS

Total equity turnover rose by 48.24% to close at USD 1.85 MN (KES 270.51 MN) compared to yesterday's turnover of USD 1.25 MN (KES 182.48 MN). 

Exchange Rate Performance

  • USD|KES: KES weakened by 0.10% to close at 146.36 (-18.63% year-to-date).
  • GBP|KES: KES weakened by 0.43% to close at 183.39 (-23.52% year-to-date).
  • EUR|KES: KES weakened by 0.25% to close at 157.03 (-19.63% year-to-date).
  • Kenyan Stock Market

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Total equity turnover rose by 48.24% to close at USD 1.85 MN (KES 270.51 MN) compared to yesterday’s turnover of USD 1.25 MN (KES 182.48 MN).

NSE 20 and NASI eased by 0.10% and 1.05% to close at 1,542.70 and 98.35 respectively.

Foreign investors assumed a net selling position by accounting for 65.82% of total market purchases and 79.92% of total market sales.

Read Also: The Stock Market Is Not For Everyone, Let Not Peer Pressure Lie To You

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