Abacus Wealth Management

Forex Trail – 8 June 2012

Below is a table showing the performance of the Kenya Shilling against major international currencies and the currencies of neighbouring countries in the last two sessions, Wednesday 6 June 2012 and Thursday 7 June 2012.

DATE

CURRENCY

US Dollar Euro Sterling Pound SA Rand KES/USHS KES/TSHS KES/RWF
Wednesday 6 June 2012

85.6486

107.1031

132.1706

10.2296

29.0724

18.5527

7.0347

Thursday 7 June 2012

85.5111

107.3852

132.3603

10.2603

29.0022

18.5591

7.0665

Against international currencies under our observation, the Kenya shilling registered mixed performance yesterday. The Shilling lost ground against the Euro, the Sterling Pound and the South African Rand, down 0.263%, 0.144% and 0.3% respectively. The Kenya Shilling however gained against the US Dollar, closing up 0.161% to trade at a mean of KES 85.5111 per dollar.

Regionally, the Kenya Shilling performed better than the previous day. The Kenya Shilling lost 0.241% of its value against the Uganda Shilling to trade at an average of USHS 29.0022 per Kenya Shilling. The local currency however traded at an improved price against the Tanzania Shilling and Rwanda Franc, gaining 0.0.34% and 0.452% in yesterday’s trading.

 

Source: CBK

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