Going by the bank’s current share price of Sh45.8, the additional shares acquired by the investors are worth Sh3.17 billion.

However, as SMART is no longer effective, banks are facing challenges in determining the premium for forward deals. For these reasons, new instructions have now been issued to the banks,” said a centr ...

Kenya maintains adequate money market liquidity as Central Bank of Kenya reports foreign exchange reserves drop to 4.4 months ...

The Naira gained N18.85 and N20 against the dollar on a week-on-week basis, respectively, at the official and parallel ...

Equities were once the go-to investment avenue for Kenyans, with the NSE playing a central role in facilitating such ...

Audrey Tugwell Henry, CEO of Scotia Group Jamaica, has urged the Government of Jamaica to ease tax burdens on banks, arguing ...

India's banking system liquidity has dropped to a near-15-year low, with a cash deficit of ₹3.3 lakh crore. Factors include ...

Sermons about the virtues of free trade are for the ears of gullible or pliable Third World politicians. The market does not ...

Other factors that can affect the CAD to PKR exchange rate include international trade and investment flows, foreign exchange reserves ... Online currency converters and market analysis can be helpful ...

Emerging market investors are turning increasingly wary of carry trades as the threat of tariffs from the Donald Trump ...

The Euro (EUR) has had a good week against the US Dollar (USD) and has rallied over 1.05 on Friday following the release of PMI data. While the readings remained on the weak side, there have been ...

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