Abacus Wealth Management

Forex Trail – 30 May 2012

Below is a table of the performance of the Kenya Shilling against the major international currencies and the currencies of our neighbouring countries in the last two sessions, Monday 28 May 2012 and Tuesday 29 May 2012.

Currency
Date US Dollar Euro Sterling Pound SA Rand KESUSHS KESTSHS KESRWF
Monday 28 May 2012 85.3958 107.5728 134.1424 10.2703 29.0648 18.6193 7.0555
Tuesdat 29 May 2012 85.5819 107.2779 134.15 10.2616 28.9782 18.5788 7.0401

The Kenya Shilling yesterday continued losing against most of the currencies under our watch. The Shilling lost o.2179% against the US Dollar, continuing its downward spiral against the greenback. The Shilling also lost against the Sterling Pound in yesterday’s trading, down 0.0056% to trade at KES 134.15 per pound on average. The Kenya Shilling however recorded gains against the Euro and the SA Rand, up 0.274% and 0.0847% versus the two respectively.

Regionally, the Kenya Shilling lost ground on all fronts. The Uganda Shilling gained against the Kenya Shilling, the Kenyan currency losing 0.298% in yesterday’s trading. The Kenya Shilling also fell against the Tanzania Shilling and the Rwanda Franc, down 0.218% and 0.218% respectively yesterday.

Exit mobile version