Abacus Wealth Management

Forex Trail – 11 June 2012

Below is a table showing the performance of the Kenya Shilling against the major international currencies and the currencies of our neighbouring countries in the last two sessions, Thursday 7 June and Friday 8 June 2012.

The Kenya Shilling closed last week on a high, gaining against all the currencies under our observation.

The Shilling rose 0.981% against the US Dollar to close the week trading at an average price of KES 84.6722 per US Dollar. It also rose 1.348% against the Euro and 1.018% against the Sterling Pound. The Kenya Shilling rose 1.896% against the South African Rand to trade at KES 10.0658 per Rand at the cl0se of the week.

Regionally, the Kenya Shilling rose 0.930% against the Uganda Shilling, 1.182% against the Tanzania one and gained 0.698% against the Rwanda Franc.

Source: CBK

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