Market Insight: July 18, 2012


African Currencies as at GMT 15:30

 
Country
Notation
Currency
 
South Africa
ZAR
8.2286
 
Nigeria
NGN
160.315
 
Kenya
KES
84.05
 
Mauritius
MUR
30.59
 
Botswana
BWP
7.7072
 
Tanzania
TZS
1586
 
Uganda
UGX
2470
 
Rwanda
RWF
613.158
 
Ghana
GHS
1.955
 
BRVM
XOF
538.95
 
Egypt
EGP
6.0649
 
Morocco
MAD
9.0028
 
Tunisia
TND
1.6267

Africa

•  Ghana Deputy Finance Minister says Ghana will keep its budget deficit within a target agreed with the IMF

Nigeria

•  ASI +27bps, $18.86mill. An increase in activity with banks in particular in focus
•  Nigeria’s National Oil Spill Detection and Response Agency recommends $5bn fine for Royal Dutch Shell

Kenya

•  ASI -42bps, $3.7mill. Heavy activity in EABL with foreigners on both sides

Botswana

•  Closed yesterday

Egypt

•  EGX30 +1.64%, $67mill

Mauritius

•  Semdex -31bps, $1mill

South Africa

•  Top40 -9bps, $1bn

Zambia

•  LuSE -42bps, $1k

Zimbabwe

•  Ind +31bps, Mining +79bps, $772k
 

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