Below is a summary how the Kenya shilling traded against major global and regional currencies:
Currency | US Dollars | Sterling Pounds | Euro | SA Rand | KES/USHS | KES/TSHS | KES/RWF | |
Date | 07/05/2012 | 83.2703 | 134.8059 | 108.171 | 10.5687 | 29.5425 | 19.0225 | 7.2356 |
08/05/2012 | 83.2831 | 134.7159 | 108.5593 | 10.6367 | 29.7781 | 18.9835 | 7.2345 |
As we can see from the table above the Kenya Shilling marginally weakened against the US Dollar, the Euro, the South African Rand and the Ugandan shilling. It marginally strengthened against the Sterling Pound, the Tanzanian Shilling and the Rwandan Franc.
In today's trading it is expected that the Kenyan Shilling may continue to weaken against the US Dollar as demand for oil imports puts downward pressure on the Kenyan Shilling
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