NAIROBI, Feb 22 (Reuters) - Kenya's shilling dropped to new all-time low on Wednesday due to a rise in dollar
demand from general goods importers, petroleum-retailers and
manufacturing companies, traders said.
At 0841 GMT, commercial banks quoted the shilling at
126.30/50 per dollar, compared with Tuesday's closing rate of
125.95/126.15.
The shilling's present level is a fresh record low,
Refinitiv data showed.
On Wednesday, the tourism ministry said the sector, one of
the East African nation's top sources of foreign exchange,
jumped 83% in 2022 to 268 billion shillings ($2.13 billion). ...........................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 .................................NSE-20 Share Index .................................NSE-25 Share Index .................................NSE All Share Index ...........................FT NSE Kenya 15 Index .......................... FT NSE Kenya 25 Index
SPEED GUIDES: (Reporting by George Obulutsa; Editing by Duncan Miriri)
george.obulutsa.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.