Latest news with #currencyStability
Reuters
23-06-2025
- Business
- Reuters
Kenyan shilling steady versus dollar, LSEG data shows
NAIROBI, June 23 (Reuters) - Kenya's shilling was stable against the dollar on Monday, data from the London Stock Exchange Group showed. At 0700 GMT, commercial banks quoted the shilling at 129.00/50 per dollar, unchanged from Friday's close.
Reuters
13-06-2025
- Business
- Reuters
Japan's US Treasury holdings not a topic in Bessent meetings, minister says
TOKYO, June 13 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Friday he had not specifically discussed Japan's $1 trillion-plus holdings of U.S. Treasury securities during past meetings with U.S. Treasury Secretary Scott Bessent. Kato, at a regular news conference, addressed media reports saying that Japanese Prime Minister Shigeru Ishiba told opposition leaders on Thursday that Tokyo's U.S. bond holdings came up during the two countries' ongoing tariff negotiations. "My understanding is that the topic of Japan's Treasury holdings has been left with me and Treasury Secretary Bessent," he said. "I will refrain from commenting on what we have discussed, but we have not had any specific exchanges on the handling of Tokyo's Treasury holdings." Kato caused a stir last month when he said Japan could use its holdings of U.S. Treasuries as a card in trade talks with Washington. He later clarified that Tokyo had no intention of threatening to sell U.S. Treasuries. On Friday, Kato reiterated that the primary purpose of Japan's U.S. Treasury holdings - the largest in the world - is to ensure it has sufficient liquidity to conduct foreign exchange transactions when necessary to stabilise its currency.
Reuters
23-05-2025
- Business
- Reuters
Kenyan shilling stable, LSEG data shows
NAIROBI, May 23 (Reuters) - Kenya's shilling was stable against the dollar on Friday, data from the London Stock Exchange Group showed. At 0919 GMT, the shilling traded at 129.00/129.50 per dollar, compared to 128.95/129.45 at Thursday's close.
Reuters
22-05-2025
- Business
- Reuters
Kenyan shilling stable versus dollar in balanced trade
NAIROBI, May 22 (Reuters) - Kenya's shilling was stable against the dollar on Thursday, with foreign exchange supply and demand well-matched, traders said. At 0845 GMT, the shilling traded at 129.00/50 per dollar, compared with 128.95/129.45 at the close of Wednesday's session.
Reuters
12-05-2025
- Business
- Reuters
Kenya shilling steady in subdued market activity
NAIROBI, May 12 (Reuters) - The Kenyan shilling remained stable in early trade on Monday, with market activity subdued, traders said. As of 0705 GMT, commercial banks quoted the shilling at 129.00/50, unchanged from Friday's closing rate.
