Market Insight: September 26, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.1702
-0.98
 
Nigeria
NGN
157.6250
+2.97
 
Kenya
KES
85.10
-0.04
 
Mauritius
MUR
30.45
-3.61
 
Botswana
BWP
7.5959
+1.63
 
Tanzania
TZS
1577.00
+0.32
 
Uganda
UGX
2523.00
-1.70
 
Rwanda
RWF
621.3943
-2.78
 
Ghana
GHS
1.9125
-14.27
 
BRVM
XOF
506.0420
+0.54
 
Egypt
EGP
6.0906
-0.97
 
Morocco
MAD
8.5921
+0.01
 
Tunisia
TND
1.5664
-4.37

Africa

•  Rwanda keeps benchmark interest rate unchanged to spur growth
•  Impala, Amplats complying with Zimbabwe ownership laws
•  Egypt’s new leader spells out terms for U.S.-Arab ties

Nigeria

•  ASI +43bps, $24mill
•  Tiger Brans purchase for Dangote Flour Mills received regulatory approval

Kenya

•  NSE20 +22bp, $10.4mill
•  Extremely active day thanks to a cross of 2m EABL
•  IMF urges “gradual” monetary easing in Kenya, cites inflation

Botswana

•  DCI +24bps, $50k

Egypt

•  EGX 30 +215bps, $162m

Mauritius

•  Semdex +17bps, $837k

South Africa

•  Top40 -50bps, $1.63bn

Zambia

•  LuSE unch, $4.89m (large cross in PUMA)

Zimbabwe

•  Ind +14bps, Mining +336bps, $650k
 

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