Market Insight: August 03, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.3836
 
Nigeria
NGN
161.35
 
Kenya
KES
84.3
 
Mauritius
MUR
30.80
 
Botswana
BWP
7.8064
 
Tanzania
TZS
1578.00
 
Uganda
UGX
2490.00
 
Rwanda
RWF
606.0557
 
Ghana
GHS
1.9536
 
BRVM
XOF
540.9973
 
Egypt
EGP
6.08
 
Morocco
MAD
9.0508
 
Tunisia
TND
1.6312

Africa

•  Uganda’s Central Bank reduces benchmark lending rate to 17.3%
•  Ethiopia may run gas fields amid dispute with China’s PetroChance
•  Mali gives nationals 5% stake in future mining developments
•  Egypt’s Secularists mobilize against growing power of Islamists

Nigeria

•  No accurate data available due to multiple system failures

Kenya

•  NSE20 -1bps, $3.23mill
•  British American to boost investment in property to 30% by 2016

Botswana

•  DCI -5bps, $22k

Egypt

•  EGX30 +109bps, $75mill

Mauritius

•  Semdex +6bps, $790k

South Africa

•  Top40 -14bps, $1.4bn

Zambia

•  LuSE -33bps, $127k

Zimbabwe

•  Ind -6bps, Mining -100bps, $450k
 

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833