Kenya

BMI View: Our outlook on sub-Saharan African FX is mixed for the short term, depending on the country-specific dynamics. Here, we present our views on Kenya, Tanzania, Mauritius,... 2009-03-31

Since breaking through support at KES80.00/US$ on March 18, the Kenyan shilling has retraced, trading at KES80.45/US$ at one point on March 25. We believe that the mild strengthening... 2009-03-25

BMI View: The break of the Kenyan shilling through key support at KES80.00/US$ bodes well for our long-held bearish view, and we continue to target KES90.00/US$ by end-09. Meanwhile,... 2009-03-19

The Kenyan shilling is testing the key KES80.00/US$ support level, potentially setting up further losses. The currency weakened by 0.9% to KES80.30/US$ in early trading on March 2,... 2009-03-02

BMI View: With the exception of South Africa, we remain broadly bullish on sub-Saharan African local debt markets given our expectation for interest rate cuts and sharp declines... 2009-02-18

BMI View: It should come as no surprise to regular readers that we remain medium-term bearish towards sub-Saharan African FX. Commodity prices are expected to stay subdued and investment... 2009-02-12

BMI View: BMI remains medium-term bearish towards EM equities, and sub-Saharan African (SSA) markets are no exception. Despite the precipitous declines seen in several indices... 2009-02-06

BMI View: The technical picture for the Kenyan shilling underscores our bearish medium-term outlook, although there are indications that a small rally may be in store for the short... 2009-02-05

BMI View: We believe that Kenya's 12-year infrastructure bonds are an attractive long-term bet, offering exposure to the nation's promising macroeconomic fundamentals. Investors... 2009-01-28

Having twice bounced off key support at KES80.00/US$, the Kenyan shilling has made a bullish break above four-month trendline resistance at KES78.50/US$ and is poised for further... 2008-12-11