In Kenya Shilling steady, many businesses stay away before holiday

"Most market players have closed for Christmas. We are trading rangebound," said one dealer, noting that volume was "minimal".

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A fuel attendant handles Kenyan shilling notes at a petrol station in the capital Nairobi March 15, 2011. REUTERS/Noor Khamis play A fuel attendant handles Kenyan shilling notes at a petrol station in the capital Nairobi March 15, 2011. REUTERS/Noor Khamis (Reuters)
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Kenya's shilling was firm on Monday in subdued trading with many market players staying out of the market as holidays approached.

By 0800 GMT, the shilling was quoted at 102.20/40 to the dollar, little changed from Friday's close of 102.25/35.

"Most market players have closed for Christmas. We are trading rangebound," said one dealer, noting that volume was "minimal".

The shilling has lost more than 11 percent of its value this year but has strengthened from September levels when it almost reached an all-time low of 106.80. Since early November, it has stabilised, staying mostly in a range of 102.00 to 102.50.

 

...........................Shilling spot rates

.....................Shilling forward rates

.......................Cross rates

..................................Local contributors

.......................Central Bank of Kenya Index

.....................Kenyan Bonds contributor pages

...............Treasury bill yields

..................Central bank open market operations

.........................Horizontal repo transactions

,................Daily interbank lending rate

.............................Kenya Bond pricing

..................Real time Africa economic data

<ECI & AFR> ...........................African economic news

.................................NSE-20 Share Index

.................................NSE All Share Index

...........................FT NSE Kenya 15 Index

.......................... FT NSE Kenya 25 Index

 

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