BR100 Decreased By (-0.42%)
BR30 Decreased By (-0.54%)
KSE100 Decreased By (-0.4%)
KSE30 Decreased By (-0.43%)
AGHA 6.65 Decreased By ▼ -0.02 (-0.3%)
BECO 4.36 Increased By ▲ 0.01 (0.23%)
BML 56.00 Decreased By ▼ -0.17 (-0.3%)
BOP 29.98 Decreased By ▼ -0.14 (-0.46%)
CNERGY 12.79 Decreased By ▼ -0.19 (-1.46%)
CSIL 5.25 Decreased By ▼ -0.06 (-1.13%)
FCCL 51.30 Decreased By ▼ -0.35 (-0.68%)
FFL 14.40 Decreased By ▼ -0.09 (-0.62%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 6.02 Decreased By ▼ -0.04 (-0.66%)
KOSM 5.74 Decreased By ▼ -0.10 (-1.71%)
LOTCHEM 26.39 Increased By ▲ 0.22 (0.84%)
MLCF 89.12 Decreased By ▼ -2.11 (-2.31%)
NBP 163.00 Decreased By ▼ -1.19 (-0.72%)
NCPL 52.70 Decreased By ▼ -0.48 (-0.9%)
NPL 58.56 Decreased By ▼ -0.56 (-0.95%)
OGDC 313.60 Increased By ▲ 0.21 (0.07%)
PACE 9.71 Decreased By ▼ -0.06 (-0.61%)
PAEL 35.04 Decreased By ▼ -0.20 (-0.57%)
PIBTL 14.62 Decreased By ▼ -0.09 (-0.61%)
PPL 219.25 Decreased By ▼ -2.11 (-0.95%)
PRL 91.35 Increased By ▲ 0.13 (0.14%)
PTC 59.26 Increased By ▲ 0.07 (0.12%)
SSGC 23.14 Decreased By ▼ -0.16 (-0.69%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.59 Decreased By ▼ -0.02 (-0.26%)
TPL 21.90 Decreased By ▼ -0.13 (-0.59%)
TPLP 12.50 Decreased By ▼ -0.06 (-0.48%)
TREET 21.73 No Change ▼ 0.00 (0%)
TRG 55.50 Decreased By ▼ -0.29 (-0.52%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

Kenyan shilling stable amid excess liquidity in money markets

Published Updated
Save
1 min
Comments
By Shoaib Ur RehmanReuters
Add BRecorder as a trusted
source on Google
Google Preferred Source

NAIROBI: The Kenyan shilling was stable against the dollar on Thursday supported by diaspora remittances but was seen under pressure from excess liquidity in the local money markets, traders said.

At 0854 GMT, commercial banks quoted the shilling at 100.80/101.00 per dollar, the same as Tuesday's close. Kenyan markets were closed on Tuesday for a public holiday.

The daily interbank lending rate was quoted at 3.4630 percent on Tuesday, compared with 3.6861 in the previous session.

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed for this article.

More Stories

Browse all stories