This archive report was first published on 5 October 2019.
On October 3, 2019, the Kenya Shilling was trading at Sh103.86 against the US dollar, according to a Weekly Bulletin by the Central Bank of Kenya (CBK).
The local currency remained stable against major international and regional currencies during the week ending October 3, 2019.
The Nairobi Securities Exchange (NSE) also reported increased activity, with the benchmark NSE 20 share index rising to 2443.85 at the end of the week (September 26th to October 3rd, 2019), compared to 2439.71 at the end of the previous week.
Market capitalization rose by 2.10 per cent, from Sh 2175.52 billion to Sh 2221.15 billion, between September 27th and October 3rd, 2019.
However, equity turnover fell by 8.51 per cent, from Sh 2696.87 billion to Sh 2467.44 billion, at the close of the week ending October 3rd, 2019.
As the demonetization process came to a close, the CBK reported that 7,386,000 old Sh 1000 notes, valued at Sh 7.386 billion, were not received, rendering them worthless.
Related Content:
Read the Central Bank of Kenya (CBK) Demonetization Briefing; Live Blog & Videos here.
