Market Insight: August 23, 2012


African Currencies

 
Country
Notation
Currency
 
South Africa
ZAR
8.2866
 
Nigeria
NGN
158.30
 
Kenya
KES
84.00
 
Mauritius
MUR
30.3500
 
Botswana
BWP
7.7072
 
Tanzania
TZS
1571.00
 
Uganda
UGX
2530.00
 
Rwanda
RWF
613.6663
 
Ghana
GHS
1.9355
 
BRVM
XOF
524.05
 
Egypt
EGP
6.0879
 
Morocco
MAD
8.7988
 
Tunisia
TND
1.5938

Africa

•  Namibia cuts benchmark interest rate by half a point to 5.5%
•  Ivory Coast tax revenue exceeds forecast on better cocoa income
•  Ghana debt costs seen falling at sale on growth outlook

Nigeria

•  ASI +25bps, $24.04mill
•  Nigerian oil union Nupeng says it will start strike today

Kenya

•  NSE20 +29bps, $1.93mill
•  Kenyan ethnic clashes over pasture leave as least 48 dead

Botswana

•  DCI -12bps, $509k

Egypt

•  EGX30 -33bps, $53mill

Mauritius

•  Semdex -36bps, $997k

South Africa

•  Top40 -68bps, $1.11bn

Zambia

•  LuSE +10bps, $68k

Zimbabwe

•  Ind -60bps, Mining unch, $1.68mill
 

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