Forex Market Report June 23rd, 2015

The Kenyan shilling today remains subdued against the US Dollar largely owing to rising end month demand for Dollars by oil importers.

The shilling is now trading at an indicative rate of 98.49 buying, 98.68 selling to the US Dollar.

Versus the Euro, the home currency is exchanging at 110.92 buying, 111.19 selling while exchanging at 155.39 buying, 155.71 selling to the Sterling Pound.

Regionally, the shilling is trading at 7.40 buying, 7.50 selling to the Rwandese Franc, 23.10 buying, 23.25 selling to the Tanzanian shilling and at 33.54 buying, 33.65 selling to the Ugandan shilling.