Kenya Shilling strengthens against Sterling Pound to close Tuesday at 182.7 units

August 30, 2023

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Pound hits record low against dollar on recession fears — Sterling Pound

In terms of major currencies exchange against the Kenyan currency, the Shilling strengthened against the sterling pound by 0.09% to close at 182.79 units.

The shilling collapsed even further against the US Dollar when it weakened Tuesday by 0.11% to close at 145.15 (-17.65% year-to-date).

It also KES weakened against the Euro by 0.16% to close at 156.99 (-19.59% year-to-date).

Total equity turnover rose by 33.45% to close at USD 0.74 MN (KES 106.89 MN) compared to yesterday’s turnover of Ksh.80 million (USD 0.55 million).

NSE 20 rose by 0.39% to close at 1,526.85 and NASI eased by 0.09% to close at 99.08.

August 30, 2023

0 Less than a minute

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.