The Japanese yen traded at 105.54 per dollar after strengthening from levels above 106.4 against the greenback yesterday. The Australian dollar changed hands at $0.7236 after yesterday’s rise from below $0.72.

The S&P 500 retailing index climbed 1.4%, with heavyweights Walmart Inc and Target Corp also set to report results this week.

The derivatives market of the NSE had 6 contacts valued at Kes 150,000.The Safaricom contract expiring in December 2020 had 5 contracts exercised at  a price of Kes 28.00 

On Friday, President Felix Tshisekedi announced that his government would also tighten fiscal policy to support the currency and fight inflation.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.934 after its decline last week from levels above 93.6.