Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

The shilling holds on

08 March 2013, 10:46

Nairobi - As Kenyans await to know the final General Election results, the Kenya shilling remains stable despite the electoral mood in the country.

In a statement to Capital News, the Director at Tax Justice Network Alvin Mosioma said with the ongoing anxiety about the release of the election results, most investors have remained on the sidelines, thus reducing the demand for the dollar which is the major foreign currency.

Mosioma said most of the traders had also prepared early, as a spotcheck at the Commercial Bank of Africa (CBA) on Thursday revealed the shilling was trading at 86.25 buying and 86.65 selling to the dollar.

- For more visit Capital News

NEXT ON NEWS24 KENYAX

Read News24’s Comments Policy

Comment on this story
0 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
OMONDI Oduor
Nyong’o hits at Ranguma, accuses ...

Kisumu County Senator, Prof Peter Anyang’ Nyong’o has poured cold water on the administration of Governor Jack Ranguma accusing it of favouritism and discrimination in awarding tenders.  Read more...

Submitted by
Samuel Arap Yego
Sakaja, Wawer and Sonko form an a...

Two Jubilee aspirants for the Nairobi gubernatorial seat have announced that they will work together.  Read more...

Submitted by
Kiplangat langat
44 University students have joine...

More than 44 University students in both public and private universities have joined terror groups to fight in Somalia and Libya, the Commission for University Education (CUE) has said. Read more...

Submitted by
Gabriel Ngallah
Sonko summoned to appear in court...

Nairobi Senator Gideon Mbuvi alias Mike Sonko has been summoned to appear before Mombasa court to shade some lights over the where abouts of outlawed Mombasa Republican Council outfit Chair Omar Mwamnuadzi.  Read more...

Submitted by
Eugene Odang
Rabbit Kaka Sungura is the New Mr...

When we talk about Mr. Kenya, most people default to excessively muscular men with no necks or eye candy with well-toned bodies.  Read more...

Submitted by
Eugene Odang
Kilimani Street Festival

Kilimani is considered to be one of the ‘better’ neighborhoods in Nairobi, with the country’s elite living in lavish houses all across the area.  Read more...