Diaspora Remittances Grow 31.4% in 2012
Cash inflows from abroad have grown 31.4% from USD 891.1 million in 2011 to USD 1.2 billionin the full year of 2012. In the month of December 2012, remittances to Kenya grew by 24% and 8.4% to USD 105.7 million compared to USD 85.2 million and USD 97.5 million recorded in December 2011 and November, 2012 respectively.
Forex Trail – 3 August 2012
Below is a summary of the Kenya Shilling’s performance against major foreign currencies this week: Performance of the Kenya Shilling against major foreign currencies this week Data from the Central Bank of Kenya shows that the shilling has remained stable against foreign currencies…
Forex Trail – 25 July 2012
Below is a summary of the Kenya Shilling’s performance against major currencies so far this week: The Kenya Shilling’s Performance so far this week This week the shilling has remained stable against foreign currencies, exchanging in the range of KES 84 against the US…
Forex Trail – 19 July 2012
Below is a summary of the Kenya Shilling’s performance against major foreign currencies so far this week: Source: CBK Data from the Central Bank of Kenya indicates that this week has been stable for the Kenya Shilling, which has shown stable exchange rates…
Forex Trail – 13 July 2012
Today's Kenya Shilling exchange rate against main currencies The shilling has today fallen back to exchange at Ksh 84.03 to the U.S. dollar, after exchanging in the range of 83 shillings since Tuesday this week, latest data from the Central Bank of Kenya shows. Today’s exchange rate…
Forex Trail – 11 July 2012
Kenya Shilling exchange rate against major currencies today For a second consecutive day, the Kenya Shilling today exchanged above Ksh 84 to the US dollar, settling at Ksh 83.96 compared to Ksh 83.94 yesterday, CBK data shows. Against the Euro, the shilling was today 20 cents stronger, exchanging at Ksh…
Forex Trail 10th July 2012
The Kenya Shilling yesterday appreciated against all major international and regional currencies, gaining 43 cents against the US dollar to exchange at KES 84.10 from KES 84.53 on Friday last week. Against the Sterling Pound, the Shilling was yesterday stronger by 89 cents exchanging…
Kenya Shilling strengthens third day on lower Dollar demand
Today the Kenya Shilling has strengthened for a third consecutive day against the US Dollar, as the MPC is set to meet tomorrow to review key monetary policy affecting the local currency. The Kenya Shilling is today exchanging at KES 84.03 against the US Dollar improving…
Behind the NSE’s third Global ranking
NSE ranked as the third best performing market in the world climbing 16% since January
Forex Trail – 2 July 2012
For the first time in five days the shilling strengthens against the dollar, if only in a small way.
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