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Kenyan Shilling Holding Forte This Njaanuary

BY Dyer and Blair · January 11, 2025 10:01 am

The Kenyan shilling continues to hold forte against the US Dollar even as Njaanuary progresses. Here is how the markets performed this Friday:

Exchange Rate Performance

  • USD|KES: KES weakened by 0.01% to close at 129.49 (-0.15% year-to-date).

  • GBP|KES: KES strengthened by 0.37% to close at 159.14 (1.93% year-to-date).

  • EUR|KES: KES strengthened by 0.03% to close at 133.27 (0.76% year-to-date).

Read Also: Equity Turnover Rises 287% As Kenyan Shilling Slightly Dips

Kenyan Stock Market

Total equity turnover increased by 44.18% to close at USD 4.69 MN (KES 607.55 MN) compared to yesterday’s turnover of USD 3.25 MN (KES  421.32 MN).

NSE 20 and NASI rose by 0.13% and 0.52% to close at 2,145.27 and 129.64 respectively.

Foreign investors assumed a net buying position by accounting for 52.29% of total market purchases and 46.44% of total market sales.

Read Also: Kenyans Felt The Pressure Of Higher Commodity Prices In December

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