Market Insight: August 06, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.1531
 
Nigeria
NGN
161.75
 
Kenya
KES
84.05
 
Mauritius
MUR
30.95
 
Botswana
BWP
7.6717
 
Tanzania
TZS
1577.00
 
Uganda
UGX
2490.00
 
Rwanda
RWF
613.1884
 
Ghana
GHS
1.9550
 
BRVM
XOF
532.6201
 
Egypt
EGP
6.0825
 
Morocco
MAD
8.9222
 
Tunisia
TND
1.6123

Africa

•  Egypt to hold talks on $3.2bn IMF loan by end of August
•  IMF approves funding for $6.2bn liquidity line for Morocco and $2bn stand-by arrangement for Jordan

Nigeria

•  ASI -6bps, $14.72mill

Kenya

•  NSE20 +48bps, $4.07mill
•  US Secretary of State Hillary Clinton urges Kenyans to “come together and prepare for elections that will be a real model for the entire world”
•  Kenya Airways announces voluntary retirement and dismissal programs in effort to cut costs

Botswana

•  DCI +12bps, $81k

Egypt

•  Closed

Mauritius

•  Semdex +25bps, $570k

South Africa

•  Top40 +53bps, $1.35bn

Zambia

•  LuSE +25bps, $30k

Zimbabwe

•  Ind +66bps, Mining unch, $1.3mill
 

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