Kenya Shilling Now Trading at 138 Units

The Kenyan Shilling has seen a notable appreciation against the dollar, closing at 138.8 units as of Wednesday.

This marks a 0.14% increase over three days, with the currency having started the week at 139 units and ending the previous Friday at 142.9 units.

Confidence is returning to the Nairobi Securities Exchange (NSE), as evidenced by heightened activity in recent days.

The shilling gain has seen Sasini’s stock experience an upswing of 7.2% since March 8, climbing from Ksh.19.45 ($0.140) to Ksh.20.85 ($0.150).

Sasini’s market capitalization has surged to $34.24 million.

Merali Family – the strategic investor in Sasini have witnessed with their holdings valued at Ksh.209.08 billion.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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