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Kenyan Shilling Falls Further, Hits Ksh 146.91 Against The US Dollar

BY Dyer and Blair · September 19, 2023 10:09 am

KEY POINTS

Foreign investors assumed a net selling position by accounting for 3.86% of total market purchases and 38.77% of total market sales.

Exchange Rate Performance

  • USD|KES: KES weakened by 0.08% to close at 146.91 (-19.07% year-to-date).
  • GBP|KES: KES strengthened by 0.05% to close at 182.29(-22.78% year-to-date).
  • EUR|KES: KES weakened by 0.02% to close at 156.62(-19.31% year-to-date).

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Kenyan Stock Market

Total equity turnover declined by 53.66% to close at USD 0.27 MN (KES 39.76 MN) compared to Friday’s turnover of USD 0.58 MN (KES 85.80 MN).

NSE 20 and NASI eased by 0.04% and 0.22% to close at 1530.08 and 98.61 respectively.

Foreign investors assumed a net selling position by accounting for 3.86% of total market purchases and 38.77% of total market sales.

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