Kenyan shilling weakens; oil retailer dollar demand weighs

NAIROBI (Reuters) – Kenya’s shilling weakened on Wednesday, due to a build-up in demand for dollars from oil retailing companies, traders said.

At 0820 GMT, commercial banks quoted the shilling at 123.25/45 per dollar, compared with Friday’s close of 123.15/25. Kenyan markets were closed on Monday and Tuesday for Christmas and Boxing Day holidays.

Earlier on Wednesday, the shilling hit a fresh record low of 123.30/50 per dollar before recovering, according to Refinitiv data.

………………………Shilling spot rates

…………………Shilling forward rates

…………………..Cross rates

…………………………….Local contributors

…………………..Central Bank of Kenya Index

…………………Kenyan Bonds contributor pages

……………Treasury bill yields

………………Central bank open market operations

…………………….Horizontal repo transactions

,…………….Daily interbank lending rate

………………………..Kenya Bond pricing

……………………………NSE-20 Share Index

……………………………NSE-25 Share Index

……………………………NSE All Share Index

………………………FT NSE Kenya 15 Index

…………………….. FT NSE Kenya 25 Index

SPEED GUIDES:

(Reporting by George Obulutsa; Editing by James Macharia Chege)

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