Trends - Kenyan shilling - Business Recorder

Kenyan shilling

Kenyan shilling eases to new low; energy sector driving dollar demand

NAIROBI: The Kenyan shilling lost ground against the dollar on Wednesday, hitting a fresh all-time low due to...

Published 11 Jan, 2023 01:40pm

Markets

Kenyan shilling flat; dollar demand from oil sector set to weigh

The Kenyan shilling was little changed on Wednesday, but traders said dollar demand from the oil sector meant its...

Published 05 Oct, 2022 01:31pm

Markets

Kenyan shilling extends slide on month-end dollar demand

The Kenyan shilling was slightly weaker on Thursday, extending a long-running slide on month-end demand for dollars...

Published 25 Aug, 2022 02:47pm

Business & Finance

African Currencies Week Ahead: Zambian kwacha seen firming, other African currencies stable

LUSAKA: Zambia’s currency is likely to firm next week as Kenya, Uganda and Tanzania’s hold steady. ZAMBIA ...

Published 15 Aug, 2022 05:41am

Markets

Kenyan shilling stable, strong importer demand poses risk

NAIROBI: The Kenyan shilling held steady on Monday but traders said it was likely to remain under pressure from...

Published 27 Jun, 2022 01:40pm

Markets

Kenya’s shilling stable, seen easing due to energy sector demand

NAIROBI: The Kenyan shilling was steady on Tuesday, but it was expected to lose ground against the dollar,...

Published 05 Apr, 2022 01:23pm

Markets

Kenya’s shilling stable, under pressure from energy sector demand

NAIROBI: The Kenyan shilling was broadly stable on Wednesday, but seen on the backfoot as dollar demand by the...

Published 30 Mar, 2022 03:56pm

Markets

Kenyan shilling stable with supply and demand well matched

NAIROBI: The Kenyan shilling held steady against the dollar on Monday with supply and demand well matched, traders...

Published 14 Feb, 2022 04:10pm

Markets

Kenyan shilling stable, market eyes potential inflows into bond

NAIROBI: The Kenyan shilling held steady on Tuesday as the market remained in a holding pattern ahead of the sale of...

Published 08 Feb, 2022 04:23pm

Markets

Kenyan shilling hovers close to its record low

NAIROBI: The Kenyan shilling was stuck close to its record low against the dollar on Monday and traders said demand...

Published 07 Feb, 2022 12:53pm

Markets

Kenyan shilling little changed, hovers above all-time lows

NAIROBI: The Kenyan shilling was barely changed on Friday, trading just above the all-time lows it hit in the...

Published 21 Jan, 2022 03:42pm

Markets

Kenyan shilling stuck at all-time low against the dollar

NAIROBI: The Kenyan shilling was stable on Wednesday, trading at an all-time low hit at the start of the week due to...

Published 01 Dec, 2021 02:25pm

Markets

Kenyan shilling little changed, faces pressure from importers

NAIROBI: The Kenyan shilling was little changed on Monday, but touched a new all-time low and was forecast to weaken...

Published 29 Nov, 2021 02:48pm

Markets

Kenyan shilling flat on slowdown in importer demand

NAIROBI: The Kenyan shilling traded stable on Friday, underpinned by a slowdown in importer appetite for hard...

Published 26 Nov, 2021 01:54pm

Markets

Kenyan shilling little-changed, energy demand poses risk

NAIROBI: The Kenyan shilling was little-changed on Tuesday, though inclined on the weaker side on the back of demand...

Published 23 Nov, 2021 01:12pm

Markets

Kenyan shilling weakens on prolonged dollar shortage

NAIROBI: The Kenyan shilling traded weaker on Monday due to continued dollar shortages and traders said they were...

Published 25 Oct, 2021 03:53pm

Markets

Kenya's shilling inches down against the dollar

NAIROBI: The Kenyan shilling edged down on Tuesday as demand for dollars continued to outweigh the available ...

Published 19 Oct, 2021 03:34pm

Markets

Kenyan shilling seen hurt by strong dollar appetite

Kenya's shilling is expected to be under pressure from dollar demand from importers next week, traders says

Published 07 Oct, 2021 07:25pm

Business & Finance

African currencies week ahead: Kenyan, Zambian units seen weaker, Uganda's up

NAIROBI: The Kenyan and Zambian currencies are likely to weaken against the US dollar next week, traders said, while...

Published 05 Jul, 2021 04:57am

Business & Finance

African currencies week ahead: Kenya's unit to strengthen, Tanzania's to hold steady

NAIROBI: Kenya's currency is expected to trade stronger against the dollar in the coming week, while Tanzania's is...

Published 28 Jun, 2021 04:38am

Markets

Zambia's kwacha seen on back foot, Kenyan shilling firm

The kwacha is likely to remain under pressure against the dollar as demand for hard currency outweighs supply.
Tanzania's shilling is expected to hold steady next week with support from moderate US dollar demand from importers and inflows from investors.

Published 03 Jun, 2021 08:27pm

Markets

Kenyan shilling little changed in quiet trade

At 0814 GMT, commercial banks posted the shilling at 107.60/80 per dollar.

Published 31 May, 2021 02:13pm

Business & Finance

African currencies week ahead: Shilling, kwacha to hold steady, naira to ease

ABUJA: The Kenyan, Ugandan and Tanzanian shillings and Zambia’s kwacha are expected to be stable against the ...

Published 31 May, 2021 03:12am

Markets

Kenya's shilling edges up against the dollar, policymakers eyed

The shilling has gained 50 cents this week.

Published 26 May, 2021 02:32pm

Business & Finance

African currencies week ahead: Kenyan, Ugandan and Zambian units seen under pressure

NAIROBI: Kenyan, Ugandan and Zambian currencies are likely to trade on the back foot against the US dollar next week...

Updated 24 May, 2021 08:28am

Markets

Kenyan, Ugandan and Zambian currencies seen under pressure

The Kenyan shilling will be under pressure in the coming week, as companies are getting ready for their end of month obligations amid projected lower economic growth.
The Uganda shilling is seen trading on a weak footing against the dollar in coming days as traders start to rebuild oversold positions, traders said.

Published 20 May, 2021 08:30pm

Markets

Kenyan shilling little changed amid scant demand for dollars

At 0843 GMT, commercial banks quoted the shilling at 107.50/107.70, compared with Tuesday's close of 107.45/65.

Published 19 May, 2021 03:03pm

Markets

South Africa's rand weaker as rising Asian coronavirus cases dent risk demand

In a poll by Reuters last week, all 25 of economists surveyed see the Monetary Policy Committee (MPC) of South Africa's Reserve Bank (SARB) keeping its repo rate unchanged for a fifth straight meeting at a record low 3.5% next week.

Published 17 May, 2021 03:36pm

Markets

Kenyan shilling little changed, to ease due to oil importer dollar demand

At 0706 GMT, commercial banks quoted the shilling at 107.15/107.35, compared with Thursday's close of 107.10/107.30.

Published 17 May, 2021 03:26pm

Business & Finance

African currencies week ahead: Kenya’s shilling, Zambian kwacha under pressure

NAIROBI: The Kenyan shilling is expected to come under pressure next week amid higher demand for the US dollar, ...

Updated 17 May, 2021 09:58am

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Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.42 ▲ 0.62 (16.32%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Invest Bank / Mar 29 Invest Capital Investment Bank Limited(ICIBL)	1.19 ▲ 0.10 (9.17%)
Khyber Tex. / Mar 29 Khyber Textile Mills Limited(KHYT)	369.70 ▲ 25.79 (7.50%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shield Corp. / Mar 29 Shield Corporation Limited(SCL)	304 ▲ 20.89 (7.38%)

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Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
First Pak Mod. / Mar 29 First Pak Modaraba(PAKMI)	1.20 ▼ -0.20 (-14.29%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	1.61 ▼ -0.19 (-10.56%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.71 ▼ -0.49 (-9.42%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.82 ▼ -0.16 (-8.08%)
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Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	27.39 ▼ -2.22 (-7.50%)
Nimir Ind.Chem. / Mar 29 Nimir Industrial Chemicals Limited(NICL)	57.77 ▼ -4.68 (-7.49%)

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Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.33
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	9,342,048 ▼ -0.02
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,635,500 ▼ -2.29
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,999,500 ▼ -0.17
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,517,772 ▼ -0.92
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Pak Elektron / Mar 29 Pak Elektron Limited(PAEL)	4,048,000 ▼ -0.07
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.02
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.26
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

Kenyan shilling

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