Kenyan Shilling Still Holding Fort Against The Dollar Despite Pressure
The Kenyan shilling has continued to hold strong against the US Dollar and other major currencies, only dipping minimally despite the mounting pressure.
Exchange Rate Performance
USD|KES: KES weakened by 0.01% to close at 129.31 (17.35% year-to-date).
GBP|KES: KES weakened by 0.17% to close at 165.23 (17.30% year-to-date).
EUR|KES: KES weakened by 0.03% to close at 136.79 (21.29% year-to-date).
Kenyan Stock Market
Total equity turnover advanced by 675.25% to close at USD 4.94 MN (KES 639.94 MN) compared to yesterday’s turnover of USD 0.64 MN (KES 82.54 MN).
NSE 20 and NASI rose by 0.75% and 2.77% to close at 1,854.44 and 119.32 respectively.
Foreign investors assumed a net buying position by accounting for 61.70% of total market purchases and 57.49% of total market sales.
Read Also: Kenyan Shillings Maintains Resilience Against The US Dollar With Slight 0.06% Shedding
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