The local currency marginally pulled back, largely driven by interbank market activity while demand from other sectors of the economy remained dull. Trading was in the range of 3520/30 In…
The local currency underwent a lite volatile spin mainly driven by interbank short covering and some importer demand. Trading held in the range of 3515/30. In fixed income space, government…
The shilling gained boost along with other risk sensitive currencies as investor confidence remained high on account of global markets remaining largely flat as the US Federal Reserve is seen…
The local currency backtracked mid-week pausing the stable stance in the previous sessions. The shilling breached a key level of 3,700 on the sell side as demand surged mainly from…
The local currency traded unchanged, holding firm for most of the trading sessions on the back of offshore portfolio flows that improved supply conditions in the market. Bid and ask…
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