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South African rand falls on Turkey contagion, SARB rate signals

JOHANNESBURG: South Africa's rand fell on Thursday, hurt by contagion from a sharp drop in the Turkish lira and...

Published 18 Nov, 2021 08:32pm

Forex

South Africa's rand firms, focus on central bank meeting

JOHANNESBURG: South Africa's rand firmed early on Monday as the dollar eased, with market focus in the week on...

Published 15 Nov, 2021 12:21pm

Financial

South African rand climbs to nine-week high vs dollar

 The rand traded at 17.3100 per dollar at 0615 GMT, up nearly 0.4pc from its previous close and its strongest since

Published 28 May, 2020 11:10am

Financial

Kenyan shilling weakens a notch on end-month importer demand

 At 0823 GMT, commercial banks quoted the shilling at 107.10/30 per dollar, compared with 107.05/25 at Tuesday's clo

Published 27 May, 2020 11:11am

Financial

Kenyan shilling steady amid slight pick up in dollar demand

NAIROBI: The Kenyan shilling held steady on Tuesday amidst some dollar demand from merchandise importers and the energy

Published 26 May, 2020 11:01am

Financial

Ugandan shilling little-changed, may firm on charity and coffee inflows

KAMPALA: The Ugandan shilling was little-changed on Tuesday but was expected to strengthen, helped by some dollar inflow

Published 26 May, 2020 10:41am

Financial

South Africa's rand retreats as US-China tensions dim rate cut cheer

The rand was 0.62pc weaker at 17.7200 per dollar, having rallied to 17.5100, its highest since March 27. Bonds

Published 22 May, 2020 11:08am

Financial

Kenyan shilling stable, supported by tight liquidity

At 0837 GMT, commercial banks quoted the shilling at 106.75/95 per dollar, compared with 106.70/90 at Thursday's cl

Published 22 May, 2020 09:39am

Financial

South Africa's rand retreats as investors await rates decision

The rand was 0.55pc weaker at 18.0250 per US dollar after hitting 17.8920, its firmest since April 9, in the previo

Published 21 May, 2020 01:32pm

Financial

Kenyan shilling steady, helped by tight liquidity

At 0958 GMT, commercial banks quoted the shilling at 106.75/95 per dollar, compared with 106.70/90 at Wednesday's c

Published 21 May, 2020 11:02am

Financial

Ugandan shilling steady helped by auction and commodity exports

At 0925 GMT commercial banks quoted the shilling at 3,785/3,795, same level as Wednesday's close. KAMPALA: Th

Published 21 May, 2020 10:52am

Financial

South Africa's rand firms as vaccine hopes boost risk demand

At 0700 GMT the rand was 0.14pc firmer at 18.3200 per dollar, versus an overnight close of 18.3460. Optimism t

Published 20 May, 2020 10:05am

Financial

Kenyan shilling steady, tight liquidity helps

At 0748 GMT, commercial banks quoted the shilling at 106.70/90 per dollar, the same as Tuesday's close. NAIRO

Published 20 May, 2020 09:40am

Financial

Turkish lira rallies against dollar on rising risk appetite

The lira, which has been trading near its weakest ever levels reached during a currency crisis in 2018, firmed as f

Published 17 Apr, 2020 12:43pm

Financial

Kenya's shilling seen under pressure next week

The kwacha is likely to hold in a range against the US dollar next week as market players sell hard currency for kw

Published 16 Apr, 2020 12:42pm

Financial

South African rand falls most on surprise rate cut; stocks slip

The rand weakened about 1.5pc to the dollar after South Africa's central bank delivered a surprise 100 basis point

Published 15 Apr, 2020 01:19pm

Financial

Turkish lira weakens to lowest level since Aug. 2018

The lira stood at 6.8580 against the dollar 0834 GMT, its lowest since August 2018, weakening from a close of 6.820

Published 15 Apr, 2020 01:17pm

Financial

Kenyan shilling remains unchanged against the dollar

At 1013 GMT, commercial banks quoted the shilling at 105.80/106.00 per dollar, the same as Tuesday's close. "N

Published 15 Apr, 2020 12:51pm

Financial

Ugandan shilling strengthens amid coronavirus-induced lockdown

At 1009 GMT commercial banks quoted the shilling at 3,750/3,760, compared to Tuesday's close of 3,765/3,775.

Published 15 Apr, 2020 12:50pm

Financial

South Africa's rand firms as Chinese trade data lifts riskier currencies

The rand traded at 18.0600 per dollar, 0.2pc firmer than its previous close. South Africa entered a recession

Published 14 Apr, 2020 11:29am

Financial

Kenyan shilling stable on weak dollar demand

At 0834 GMT, commercial banks quoted the shilling at 105.60/80 per dollar, the same as last Thursday's close.

Published 14 Apr, 2020 11:09am

Financial

Ugandan shilling posts some gains as banks pare positions

At 0936 GMT commercial banks quoted the shilling at 3,765/3,775, compared to last Thursday's close of 3,780/3,790.

Published 14 Apr, 2020 10:55am

Financial

Ugandan shilling weakens due to commercial bank dollar demand

At 1041 GMT, commercial banks quoted the shilling at 3,800/3,810, compared to Tuesday's close of 3,770/3,780.

Published 08 Apr, 2020 01:53pm

Financial

South Africa's rand rallies with riskier assets on signs of slower coronavirus infection rates

Stocks were also significantly higher, as yield and value hungry investors kept on the sidelines during recent vola

Published 07 Apr, 2020 03:13pm

Financial

Turkish lira firms on coronavirus slowdown hopes

The lira stood at 6.7185 against the dollar at 0828 GMT, firming from a close of 6.7915 on Monday. Turkey's de

Published 07 Apr, 2020 01:31pm

Financial

Kenyan shilling weakens as players beef up positions

At 0852 GMT, commercial banks quoted the shilling at 106.30/50 per dollar, compared with 106.20/40 at Friday's clos

Published 06 Apr, 2020 01:16pm

Financial

Kenyan shilling seen under pressure as economy reels from virus

At 1029 GMT, commercial banks quoted the shilling at 105.80/106.00 against the dollar, compared with 105.75/95 at T

Published 03 Apr, 2020 01:32pm

Financial

Turkey's lira edges up as trade sags, Ankara eyes next step

The lira was up some 0.3pc to 6.6840 against the dollar by 0812 GMT, from Wednesday's close of 6.7040. The tra

Published 02 Apr, 2020 01:09pm

Financial

Tightening liquidity helps to support Ugandan shilling

At 0927 GMT, commercial banks quoted the shilling at 3,785/3,795, unchanged from Wednesday's closing price. K

Published 02 Apr, 2020 12:31pm

Financial

Kenyan shilling weakens against the dollar

At 0935 GMT, commercial banks quoted the shilling at 105.75/95 per dollar, compared with 105.45/75 at Wednesday's c

Published 02 Apr, 2020 11:27am

Financial

Ugandan shilling holds steady due to reduced market activity

At 1009 GMT, commercial banks quoted the shilling at 3,785/3,795, unchanged from Tuesday's closing price. KA

Published 01 Apr, 2020 02:16pm

Financial

Ugandan shilling holds steady against the dollar

At 0918 GMT, commercial banks quoted the shilling at 3,785/3,797, unchanged from Monday's closing price. KAMP

Published 31 Mar, 2020 01:41pm

Financial

Kenyan shilling edges down against dollar

At 1057 GMT, commercial banks quoted the shilling at 105.10/30 per dollar, compared with 104.95/15 at Monday's clos

Published 31 Mar, 2020 12:48pm

Financial

Kenyan shilling holds steady against the dollar

At 0950 GMT, commercial banks quoted the shilling at 104.55/75 per dollar, compared with 104.50/70 at Friday's clos

Published 30 Mar, 2020 03:52pm

Financial

Turkish lira slides 2pc, airlines hit as coronavirus spreads

Airline shares also came under pressure, hit by a drastic reduction in flights, with Pegasus Airlines halting domes

Published 30 Mar, 2020 01:48pm

Financial

Kenyan shilling gains ground, helped by lacklustre dollar demand

The government has also announced a series of measures including tax cuts to cushion the economy from coronavirus.

Published 27 Mar, 2020 12:51pm

Financial

Turkey's lira slides as tourism, trade brace for virus impact

The lira weakened to 6.454 against the dollar at 1011 GMT, compared to Thursday's close of 6.4. The government

Published 27 Mar, 2020 11:39am

Financial

South Africa's rand weaker as national lockdown approaches

The rand was 0.4pc weaker at 17.4050 per dollar, snapping a two-session rally that had driven the unit to 17.1900,

Published 26 Mar, 2020 02:15pm

Financial

South Africa's rand rises on Fed support even as lockdown looms March 24,

The rand traded at 17.7200 to the dollar, 0.73pc stronger than its previous close. Stocks also rose. The rand

Published 24 Mar, 2020 12:41pm

Financial

Turkish lira rebounds after central banks ramp up funding

The lira stood at 6.5250 against the dollar by 0911 GMT, having firmed as far as 6.4800 from a close of 6.5600.

Published 24 Mar, 2020 12:36pm

Financial

Kenya shilling weakening caused by 'malicious actors': central banker

He also accused unnamed traders, or "malicious actors", of contributing to the weakening through indiscipline.

Published 24 Mar, 2020 12:29pm

Financial

South Africa's rand on the ropes as virus fears mount

The rand traded 1.08pc weaker at 17.7200 per dollar, after hitting a high of 17.5800 earlier in the session as it e

Published 23 Mar, 2020 04:01pm

Financial

Ugandan shilling extends losing streak amid demand by banks, offshore investors

At 0747 GMT commercial banks quoted the shilling at 3,840/3,850, compared to Friday's close of 3,820/3,830. K

Published 23 Mar, 2020 11:42am

Financial

Turkish lira headed for 6th stumble in last 8 days

The lira stood at 6.5920 against the dollar by 0826 GMT, from Friday's close of 6.5480. The consumer confidenc

Published 23 Mar, 2020 10:59am

Financial

Kenyan shilling edges down as investors flee to safety

The shilling fell close to its record low on Friday due to concerns about the impact of the coronavirus outbreak.

Published 23 Mar, 2020 10:43am

Financial

Kenyan shilling hammered by the impact of coronavirus

The government has closed down schools indefinitely, restricted large public gatherings and limited entry into Keny

Published 20 Mar, 2020 01:52pm

Financial

South Africa's rand, stocks bounce as central bank measures ease virus pain

The South African Reserve Bank (SARB) announced additional emergency liquidity measures to ease the stress on banks

Published 20 Mar, 2020 12:35pm

Financial

South Africa's rand firms ahead of inflation data

The rand was 0.07pc firmer at 14.9930 against a close of 15.0030. The rand has fallen more than 7pc since begi

Published 19 Feb, 2020 11:28am

Financial

Ugandan shilling flat amid some charity flows

The shilling at 3,665/3,675, unmoved from Tuesday's close. KAMPALA: The Ugandan shilling traded stable on Wed

Published 19 Feb, 2020 10:42am

Financial

Kenyan shilling under pressure against the dollar

The shilling at 101.20/40 per dollar, compared with 101.00/20 at Tuesday's close. NAIROBI: The Kenyan shillin

Published 19 Feb, 2020 10:41am

Financial

Uganda shilling weakens a touch on uptick in interbank demand

The shilling at 3,670/3,680, compared to Monday's close of 3,665/3,675. KAMPALA: The Ugandan shilling traded

Published 18 Feb, 2020 01:09pm

Financial

South Africa's rand ticks lower as Moody's stokes downgrade fears

The rand was 0.32pc lower at 15.0280 per dollar, its weakest level since Feb. 10, by 0600 GMT. Bonds were slig

Published 18 Feb, 2020 11:27am

Financial

Kenyan shilling weakens against the dollar

The shilling at 100.80/101.00 per dollar, compared with 100.60/80 at Monday's close. NAIROBI: The Kenyan shil

Published 18 Feb, 2020 11:20am

Financial

Turkish lira weakest since May as Syria, central bank decisions loom

The lira stood at 6.0680 at 0904 GMT, having weakened as far as 6.07 from a close of 6.0485 on Monday. ISTANB

Published 18 Feb, 2020 09:45am

Financial

Ugandan shilling stable, demand seen picking up after tax payments

The shilling at 3,665/3,675, same level as Friday's close. KAMPALA: The Ugandan shilling was stable on Monday

Published 17 Feb, 2020 03:27pm

Financial

South African rand firmer as China rate cut soothes virus anxiety

Bonds were slightly weaker with the yield on the benchmark government bond due in 2026, adding 1.5 basis points to

Published 17 Feb, 2020 11:24am

Financial

Kenyan shilling stable amid slow dollar demand

The shilling at 100.55/75 per dollar, the same as Friday's close. NAIROBI: The Kenyan shilling was stable on

Published 17 Feb, 2020 10:59am

Financial

South Africa's rand firmer after Ramaphosa's speech

The rand was 0.41pc stronger at 14.8910 per dollar. Eskom supplies more than 90pc of South Africa's electricit

Published 14 Feb, 2020 11:32am

Financial

Kenyan shilling stable, helped investors buying government bonds

The shilling at 100.50/70 per dollar, the same as Thursday's close. NAIROBI: The Kenyan shilling held steady

Published 14 Feb, 2020 10:54am

Financial

Ugandan shilling stable, dollar demand slow

The shilling at 3,660/3,670, same level as Thursday's close. KAMPALA: The Ugandan shilling was unchanged on F

Published 14 Feb, 2020 10:17am

Financial

South African rand falls as virus death toll knocks risk appetite

The rand traded at 14.9500 per dollar, 0.67pc weaker than its previous close. South Africa, investors await Pr

Published 13 Feb, 2020 10:32am

Financial

Kenyan shilling stable, expected to trade in narrow range

The shilling at 100.50/70 per dollar, compared with 100.55/75 at Wednesday's close. NAIROBI: The Kenyan shill

Published 13 Feb, 2020 09:59am

Financial

South Africa's rand falls after dismal data, stocks rise

The rand was 0.3pc weaker at 14.8700 per dollar, retreating after sailing to a session best of 14.7320. On the

Published 12 Feb, 2020 04:05pm

Financial

Turkish lira weakens on concerns of escalation in Syria

The lira stood at 6.0595 at 1520 GMT, weakening from a close of 6.0170. Earlier, it declined as much as 0.79pc

Published 12 Feb, 2020 04:02pm

Financial

Kenyan shilling weakens due to importer dollar demand

The shilling at 100.65/85 per dollar, compared with 100.55/75 at Monday's close. NAIROBI: The Kenyan shilling

Published 12 Feb, 2020 12:35pm

Financial

South Africa's rand firms; focus shifts to data, Ramaphosa speech

The yield on the benchmark government bond due in 2026 was down 1.5 basis points to 7.995pc. Traders were wait

Published 11 Feb, 2020 11:57am

Financial

Ugandan shilling stable, seen stronger as commercial banks sell dollars

The shilling at 3,665/3,675, compared to Monday's close of 3,670/3,680. KAMPALA: The Ugandan shilling was sta

Published 11 Feb, 2020 11:06am

Financial

Turkish lira weakens on concern over conflict in Syria

The lira weakened as far as 6.04250 against the dollar from a close of 6.0075 on Monday. Its volatility has sp

Published 11 Feb, 2020 10:32am

Financial

Kenyan shilling weakens due to increased importer dollar demand

The shilling at 100.60/80 per dollar, compared with 100.35/55 at Friday's close. Kenya's financial markets wil

Published 10 Feb, 2020 02:00pm

Financial

Turkish lira rebounds from sharp selloff after regulator steps in

The lira strengthened to as low as 5.975 against the dollar and was worth 5.9955 at 0817 GMT. The currency's o

Published 10 Feb, 2020 12:28pm

Financial

Ugandan shilling unchanged on lacklustre dollar demand

The shilling at 3,670/3,680, same level as Friday's close. KAMPALA: The Ugandan shilling was unchanged on Mon

Published 10 Feb, 2020 11:18am

Financial

Turkey's lira slides to weakest level since May

The lira was down 0.6pc at 6.0275 against the dollar at 1438 GMT, on track for its sharpest daily drop in weeks.

Published 07 Feb, 2020 03:32pm

Financial

South Africa's rand falls as business confidence weakens

The rand was 0.12pc weaker at 14.9200 per dollar, extending a 1pc slide in the previous session as selling was spur

Published 07 Feb, 2020 11:10am

Financial

Kenyan shilling stable, forecast to trade in narrow range

The shilling at 100.35/55 per dollar, the same as Thursday's close. NAIROBI: The Kenyan shilling was stable o

Published 07 Feb, 2020 10:19am

Financial

Ugandan shilling stable, commodity inflows to offer support

The shilling at 3,670/3,780, same level as Wednesday's close. KAMPALA: The Ugandan shilling was stable on Thu

Published 06 Feb, 2020 12:11pm

Financial

Kenya's shilling stable, remittance inflows meet importer demand

The shilling at 100.35/55 per dollar, the same as Wednesday's close. NAIROBI: The Kenyan shilling held steady

Published 06 Feb, 2020 10:56am

Financial

Kenyan shilling strengthened due to inflows from remittances

The shilling at 100.20/40 per dollar, compared with 100.30/50 at Tuesday's close. NAIROBI: The Kenyan shillin

Published 05 Feb, 2020 11:09am

Financial

South Africa's rand firmer as virus selloff pauses

The rand was 0.43pc firmer at 14.9650 per dollar, having ended at 15.0300 on Friday. The sharp fall in the ran

Published 03 Feb, 2020 12:32pm

Financial

Kenyan shilling strengthens, remittances help

The shilling at 100.35/55 per dollar, compared with 100.45/65 at Friday's close. NAIROBI: The Kenyan shilling

Published 03 Feb, 2020 12:30pm

Financial

Ugandan shilling stable due to low dollar demand from commercial banks

The shilling at 3,670/3,680, same level as Friday's close. KAMPALA: The Ugandan shilling was unchanged on Mon

Published 03 Feb, 2020 10:50am

Financial

South Africa's rand marks time as China virus, power cuts weigh

The rand traded at 14.7500 versus the dollar, 0.1pc higher than its New York close on Thursday. Government bon

Published 31 Jan, 2020 01:46pm

Financial

Kenyan shilling firms against the dollar

The shilling at 100.45/65 per dollar, compared with 100.55/75 per dollar at Thursday's close. NAIROBI: The Ke

Published 31 Jan, 2020 11:54am

Financial

Ugandan shilling stable amid low dollar appetite, charity flows

The shilling at 3,673/3,683, unchanged from Thursday. KAMPALA: The Ugandan shilling was stable on Friday, par

Published 31 Jan, 2020 10:46am

Financial

Kenyan shilling strengthens against the dollar

The shilling at 100.60/80 per dollar, compared with 100.70/90 at Wednesday's close. NAIROBI: The Kenyan shill

Published 30 Jan, 2020 11:55am

Financial

Turkish lira 'competitive' at current level

The lira stood at 5.9845 against the US dollar at 08:43 GMT, down 0.4% from the day before. The central bank d

Published 30 Jan, 2020 11:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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