Fed cuts rates, braces for economic fallout from Coronavirus.
This is the first unscheduled, emergency rate cut since 2008, and it also marks the biggest one-time cut since then. The new benchmark interest rate is 1% to 1.25%.
Read moreDetailsThis is the first unscheduled, emergency rate cut since 2008, and it also marks the biggest one-time cut since then. The new benchmark interest rate is 1% to 1.25%.
Read moreDetailsAt the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 33,513,300 shares in 936 deals, corresponding to a market value of KES 1,137,312,109.00, were traded. Compared with the previous...
Read moreDetailsFor instance, in 2019, Kenya's petroleum product imports amounted to USD 3,310 million and the average price of our benchmark oil product was USD 66.5 per barrel. The benchmark price has now fallen to USD...
Read moreDetails1. Global Markets soared yesterday for the first time in two weeks as China reported lower cases of the Corona Virus infection.The S&P 500 surged 4.6% Monday, rebounding from the worst week for stocks since...
Read moreDetailsAt the end of the first weekday of trading on the Nairobi Securities Exchange (NSE). A total of 28,787,000 shares in 897 deals, corresponding to a market value of KES 872,110,318.00, were traded. Compared with...
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