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Views Article – Sharenet Wealth

Africa, Forex

Kenyan shilling weakens due to excess liquidity

NAIROBI (Reuters) – The Kenyan shilling weakened against the dollar on Friday due to excess liquidity in the local money markets, traders said.

At 0808 GMT, commercial banks quoted the shilling at 103.05/25 per dollar, compared with 102.95/103.05 at Thursday’s close.

The weighted average daily interbank lending rate dropped to 1.9981 percent on Thursday, from 2.0705 percent during the previous session, Refinitiv data showed.

………………………Shilling spot rates

<0#KESF=>…………………Shilling forward rates

…………………..Cross rates

…………………………….Local contributors

…………………..Central Bank of Kenya Index

<KE/DEBT>…………………Kenyan Bonds contributor pages

……………Treasury bill yields

………………Central bank open market operations

…………………….Horizontal repo transactions

,…………….Daily interbank lending rate

<0#KETSYSTR=>………………………..Kenya Bond pricing

……………………………NSE-20 Share Index

……………………………NSE-25 Share Index

……………………………NSE All Share Index

………………………FT NSE Kenya 15 Index

…………………….. FT NSE Kenya 25 Index

SPEED GUIDES:

<KES/1> <KE/DEBT>

<KE/EQUITY>

(Reporting by John Ndiso; Editing by Clement Uwiringiyimana)


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