Download Report

Your Friendly Rates & Money Market
Report
31/03/2015 12:00:00 AM
01/10/2014
31/03/2015 12:00:00 AM
KENYA SHILLINGS
|
LOCAL MARKET COMMENTARY
Daily QKES=
The Kenyan shilling continued its downward slide on Monday to close at
92.30/40 caused in part by corporate demand from companies looking
to meet their end month dollar obligations . The central bank was in the
money markets on Friday mopping up 17 billion through Repo activities
.The local currency is expected to trade within 91.80/92.80 range for the
day pressured by travel warning issued by Britain and Australia on friday
hurting inflows from the tourism sector.
11/18/2013 - 5/30/2014 (GMT)
Price
/USD
87.60
87.5
BarOHLC, QKES=, Bid
5/21/2014, 87.60, 87.60, 87.60, 87.60, -0.20, (-0.23%)
SMA, QKES=, Bid(Last), 14
5/21/2014, 87.20
87.20
87
86.5
86
The Nairobi Securities Exchanges main 20 share index rose 0.27 points to
close at 5242.62 recovering from a two session falling streak. Safaricom
rose by 0.10 to close at 16.70 a share. Bonds on the secondary market
worth 1.17 Billion were traded.
85.5
Auto
18
02
16
Dec 13
01
16
Jan 14
03
17
Feb 14
03
17
Mar 14
01
16
Apr 14
01
16
May 14
MAJORS: EUR & GBP
GLOBAL SNAPSHOT
Daily QEURKES=
11/18/2013 - 5/30/2014 (GMT)
Price
KES
BarOHLC, QEURKES=, Bid
5/21/2014, 120.23, 120.32, 119.97, 120.06, -0.17, (-0.14%)
SMA, QEURKES=, Bid(Last), 14
5/21/2014, 120.09
120.09
120.06
120
119
118
117
116
115
Auto
18
02
16
Dec 13
01
16
Jan 14
03
17
Feb 14
03
17
Mar 14
01
16
Apr 14
01
16
May 14
The euro traded range bound at 1.0830 against the USD having pulled
away from a trough of 1.0457. The euro was bouyed slightly by data
showing a rise in german consumer prices. Uncertainity over funding for
Greece from its international creditors continue to plague the euro.
Sterling inched down on monday to 1.4778 down 0.7% lower against the
dollar and on track for its worst monthly performance in two years.
Political risk has been priced into the sterling as on an interest rate
differential basis sterling should be trading higher. Data released on
Monday showed UK mortgage approvals reached a six month high in
February suggesting upward momentum in the housing market, but this
data had no impact on pounds slide down.
FIXED DEPOSIT INDICATIVE RATES
Kes 5 mio and Above
Call our Dealers today for the friendliest rates!
Call
7.00%
DEALING ROOM
2241653/2222300
1 mnth
8.50%
MARY KANUKU
0729-088-307
3 mnths
9.50%
NELSON MWACHALA
0722-768-813
6 mnths
9.50%
GERALD MUNIU
0721-764-272
1 year
10.00%
INDICATIVE LEVELS
INDICATIVE CROSS RATES
USD/KES
91.90
92.60
EUR/USD
1.0600
1.0900
EUR/KES
98.50
100.50
GBP/USD
1.4600
1.4900
GBP/KES
135.0000
138.0000
INR/USD
62.4000
62.9000
INR/KES
2241653
0728-607-701
1.4500
1.4800
1.295
DISCLAIMER: Whilst all care has been taken by Credit Bank Limited, in the preparation of the opinions, forecasts and provision of the
information contained in this report, the Bank does not make any representations or give any warranties as to their correctness, accuracy
or completeness, nor does the Bank assume liability for any losses arising from errors or omissions in the opinions, forecasts and
information or there has been any negligence by the Bank, its affiliates or any officers or employees of the Bank, and whether such losses
be direct, indirect or consequential