NAIROBI, May 12 — The Kenyan interbank rate increased slightly this week reflecting a tighter liquidity in the market amid high activity.
The weighted average interbank rate rose to an average of 4.96 percent from 4.84 percent in the previous week, the Central Bank of Kenya said Saturday in a brief.
“Activity in the interbank market increased during the week. The volumes traded increased to an average of 155 million U.S. dollars compared to 148 million dollars in the previous week, partly reflecting tighter market conditions as a result of year-end tax remittances by banks,” said the apex bank.
The daily volumes traded ranged from 132 million dollars to 176 million dollars compared to 136 million dollars and 160 million dollars the previous week.
However, the number of deals in the interbank market was largely unchanged at 33 compared with an average of 34 in the previous week.
Xinhua
28 comments
… [Trackback]
[…] Find More on to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More on to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More on on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Here you will find 7147 more Info on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] There you will find 31589 more Info on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More here to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] There you can find 98942 more Information on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More Information here on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] There you will find 68280 more Info on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Information to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Info to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More Information here on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More here to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Info on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] There you will find 28819 more Information to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Information to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Read More on on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Information on that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Find More Information here to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]
… [Trackback]
[…] Info to that Topic: namibiadailynews.info/kenyan-interbank-rate-surges-amid-tighter-liquidity/ […]