{"id":422,"date":"2016-12-13T17:23:26","date_gmt":"2016-12-13T17:23:26","guid":{"rendered":"http:\/\/marvin.co.ke\/blog\/?p=422"},"modified":"2016-12-13T18:29:59","modified_gmt":"2016-12-13T18:29:59","slug":"kenyan-market-brief-value-13th-dec-2016","status":"publish","type":"post","link":"https:\/\/marvin.co.ke\/blog\/2016\/12\/13\/kenyan-market-brief-value-13th-dec-2016\/","title":{"rendered":"Kenyan market brief value 13th Dec 2016"},"content":{"rendered":"<p>The Kenyan Shilling weakened on Friday as importers bought dollars ahead of the long weekend. The Shilling closed at 102.00\/102.20 weaker than Thursday\u2019s close of 101.85\/102.05.<\/p>\n<p>The local unit is expected to remain under pressure this week as demand remains strong with CBK staying off the market.<\/p>\n<p>The Dollar extended gains against the other majors currencies on Friday, amid widespread expectations that the Federal Reserve will hike interest rates at the conclusion of its policy meeting this week.<\/p>\n<p>The Euro dropped on Friday for the second consecutive day after the European Central Bank on Thursday said \u00a0it would extend its bond-buying stimulus program for an additional nine months, even as it cut back on the size of asset purchases.<\/p>\n<p><strong>Money Market Rate<\/strong>;<\/p>\n<table style=\"height: 69px;\" width=\"331\">\n<tbody>\n<tr>\n<td width=\"71\">91-days<\/td>\n<td width=\"71\">182-days<\/td>\n<td width=\"71\">364-days<\/td>\n<\/tr>\n<tr>\n<td>8.359%<\/td>\n<td>10.495%<\/td>\n<td>11.093%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>Disclaimer: Whilst all considerable care has been taken in preparation of this Market Brief,which\u00a0have been gathered from various sources.\u00a0We cannot be held responsible should it be otherwise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kenyan Shilling weakened on Friday as importers bought dollars ahead of the long weekend. The Shilling closed at 102.00\/102.20 weaker than Thursday\u2019s close of &#8230;<\/p>\n","protected":false},"author":2,"featured_media":425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[25],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kenyan market brief value 13th Dec 2016 - Marvin&#039;s Blogpost<\/title>\n<meta name=\"description\" content=\"Find out how the Kenyan financial market is performing as of when also learn more on Capital Markets and Investments and other related fields of study.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marvin.co.ke\/blog\/2016\/12\/13\/kenyan-market-brief-value-13th-dec-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenyan market brief value 13th Dec 2016 - 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