Below is a comparison of the performance of the Kenya Shilling over the last two trading sessions, Friday the 18th and Thursday the 17th:
Currency | US Dollars | Sterling Pounds | Euro | SA Rand | KES/USHS | KES/TSHS | KES/RWF | |
Date | 17/05/2012 | 84.3875 | 134.2753 | 107.5402 | 10.191 | 29.3884 | 18.747 | 7.1399 |
18/05/2012 | 84.4528 | 133.0353 | 106.9623 | 10.0195 | 29.3301 | 18.7562 | 7.1995 |
As we can see the Kenya Shilling continued to weaken against the US Dollar. It however strengthened against the Sterling Pound, the Euro, the South African Rand and the Ugandan Shilling.
In today’s trading we will continue to observe the trend the Kenya Shilling will take against the dollar and see whether the measures taken by the Central Bank of Kenya (CBK) last week will have an effect on the shilling.