Forex Report 14th Feb 2014

The central bank was quoting the shilling at an indicative rate of 86 shillings and 29 cents buying and 86 shillings and 46 cents selling.

The weakening streak was replicated in the European markets where the shilling lost to both the Sterling Pound and the Euro to trade at 143 shillings and 64 cents and 118 shillings and 2 cents respectively.

And finally a look at the regional market where the local unit lost marginally to its East African counterparts to change hands at 28 shillings and 42 cents to the Ugandan shilling and 18 shillings and 73 cents to the Tanzanian shilling.