AIRLINK 74.29 Increased By ▲ 0.04 (0.05%)
BOP 5.09 Increased By ▲ 0.04 (0.79%)
CNERGY 4.41 Decreased By ▼ -0.01 (-0.23%)
DFML 37.50 Increased By ▲ 1.66 (4.63%)
DGKC 90.73 Increased By ▲ 2.73 (3.1%)
FCCL 22.58 Increased By ▲ 0.38 (1.71%)
FFBL 32.91 Increased By ▲ 0.19 (0.58%)
FFL 9.74 Decreased By ▼ -0.05 (-0.51%)
GGL 10.90 Increased By ▲ 0.10 (0.93%)
HBL 115.90 No Change ▼ 0.00 (0%)
HUBC 135.98 Increased By ▲ 0.14 (0.1%)
HUMNL 10.03 Increased By ▲ 0.19 (1.93%)
KEL 4.61 No Change ▼ 0.00 (0%)
KOSM 4.79 Increased By ▲ 0.13 (2.79%)
MLCF 40.40 Increased By ▲ 0.52 (1.3%)
OGDC 137.79 Decreased By ▼ -0.11 (-0.08%)
PAEL 26.60 Increased By ▲ 0.17 (0.64%)
PIAA 25.77 Decreased By ▼ -0.51 (-1.94%)
PIBTL 6.78 Increased By ▲ 0.02 (0.3%)
PPL 123.05 Increased By ▲ 0.15 (0.12%)
PRL 26.84 Increased By ▲ 0.15 (0.56%)
PTC 13.95 Decreased By ▼ -0.05 (-0.36%)
SEARL 58.88 Increased By ▲ 0.18 (0.31%)
SNGP 70.00 Decreased By ▼ -0.40 (-0.57%)
SSGC 10.40 Increased By ▲ 0.04 (0.39%)
TELE 8.59 Increased By ▲ 0.03 (0.35%)
TPLP 11.19 Decreased By ▼ -0.19 (-1.67%)
TRG 64.50 Increased By ▲ 0.27 (0.42%)
UNITY 26.20 Increased By ▲ 0.15 (0.58%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,847 Increased By 8.5 (0.11%)
BR30 25,523 Increased By 63.1 (0.25%)
KSE100 75,095 Increased By 164.1 (0.22%)
KSE30 24,152 Increased By 6 (0.02%)

imageNAIROBI: Kenya's central bank said on Friday it was in the money market to mop up 4 billion shillings ($44.77 million) in excess liquidity, using repurchase agreements (repo) and term auction deposits.

By mopping up liquidity, the bank makes it relatively costlier to hold onto long dollar positions, which in turn helps strengthen the shilling.

Copyright Reuters, 2014

Comments

Comments are closed.