Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Kenya Shilling Fluctuates as Central Bank Mops Up Liquidity

Kenya’s shilling fluctuated against the dollar as the Central Bank of Kenya sought to meet demand through repurchase agreements.

The currency of East Africa’s largest economy was less than 0.1 percent stronger at 83.95 a dollar by 4:36 p.m. in Nairobi, the capital, having earlier weakened 0.1 percent. The currency has advanced 0.3 percent this month.

The shilling is “expected to be supported in coming days by central bank liquidity mop-ups,” Nairobi-based NIC Bank Ltd. said today in an e-mailed note to clients.

The central bank accepted 8.01 billion shillings ($95.3 million) today via repurchase agreements, after it received bids worth 9.84 billion shillings for the 8 billion shillings it had offered, a central bank official who asked not be named in line with policy said by phone.

The Tanzanian shilling was trading 0.1 percent stronger at 1,569 a dollar, while Uganda’s shilling gained 0.4 percent to 2,520 versus the U.S. currency, snapping two days of decline.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.