Abacus Wealth Management

Forex Trail – May 4 2012

Below is a comparison of the movements of the Kenya shilling against the major world currencies and the currencies of our neighbouring countries over the last trading sessions, Wednesday 2nd May and Thursday 3rd May 2012:

Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF
Date 02/05/2012 83.2903 135.1614 110.2378 10.7494 30.0156 19.0599 7.2819
03/05/2012 83.4053 135.0438 109.6516 10.78 29.7944 19.0037 7.2779

The Kenya Shilling marginally weakened against the US Dollar, the SA Rand and the Ugandan Shilling. It however marginally strengthened against the Sterling Pound, the Euro, the Tanzanian Shilling and the Rwandan Franc.

 

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