{"id":446755,"date":"2011-06-24T06:25:20","date_gmt":"2011-06-24T06:25:20","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/"},"modified":"2011-06-24T06:25:20","modified_gmt":"2011-06-24T06:25:20","slug":"kenya-shilling-recoups-lossesn-against-dollar","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/","title":{"rendered":"Kenya: Shilling Recoups Lossesn Against Dollar"},"content":{"rendered":"<div readability=\"19.3112927192\">\n<hr class=\"thin clear\" \/>\n<hr class=\"thin clear\" \/>\n<p><a href=\"http:\/\/www.nairobistar.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nairobi Star<\/a> (Nairobi)<\/p>\n<p>Reuters<\/p>\n<p>23 June 2011<\/p>\n<hr class=\"thin clear\" \/>\n<p>Kenya&#8217;s shilling firmed from a new all-time low after commercial banks cut their dollar positions, but ignored the central bank governor&#8217;s comments that he would take action against speculators, traders said.<\/p>\n<p>Governor Njuguna Ndung&#8217;u did not specify what measures the bank would take, and reiterated that intervening to prop up the shilling, which has tumbled more than 10 percent against the dollar this year, would worsen the situation. The central bank said it was also in the market to mop up 500 million Kenya shillings of liquidity, which had little impact on the shilling, traders said.<\/p>\n<p>The shilling traded at 90.80 to the dollar at 0836 GMT, after hitting 90.70 earlier and off the 91.90 low it hit earlier in the session. The currency closed Tuesday&#8217;s trade at 91.45\/95 against the dollar. Traders said they expected the shilling to trade in the 88.00-92.00 range in coming days.<\/p>\n<p><\/p>\n<fieldset>\n<legend align=\"center\"><strong>More News on allAfrica.com<\/strong><\/legend>\n<\/fieldset>\n<p>AllAfrica &#8211; All the Time<\/p>\n<hr \/>\n<\/div>\n<\/p>\n<p>See original article:<br \/>\n<a target=\"_blank\" href=\"http:\/\/allafrica.com\/stories\/201106240158.html\" title=\"Kenya: Shilling Recoups Lossesn Against Dollar\" rel=\"noopener noreferrer\">Kenya: Shilling Recoups Lossesn Against Dollar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Nairobi Star (Nairobi) Reuters 23 June 2011 Kenya&#8217;s shilling firmed from a new all-time low after commercial banks cut their dollar positions, but ignored the central bank governor&#8217;s comments that he would take action against speculators, traders said. Governor Njuguna Ndung&#8217;u did not specify what measures the bank would take, and reiterated that intervening to prop up the shilling, which has tumbled more than 10 percent against the dollar this year, would worsen the situation. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-446755","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kenya: Shilling Recoups Lossesn Against Dollar - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Kenya: Shilling Recoups Lossesn Against Dollar - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Nairobi Star (Nairobi) Reuters 23 June 2011 Kenya&#039;s shilling firmed from a new all-time low after commercial banks cut their dollar positions, but ignored the central bank governor&#039;s comments that he would take action against speculators, traders said. Governor Njuguna Ndung&#039;u did not specify what measures the bank would take, and reiterated that intervening to prop up the shilling, which has tumbled more than 10 percent against the dollar this year, would worsen the situation.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Kenya: Shilling Recoups Lossesn Against Dollar\",\"datePublished\":\"2011-06-24T06:25:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/\"},\"wordCount\":174,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/\",\"name\":\"Kenya: Shilling Recoups Lossesn Against Dollar - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-06-24T06:25:20+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kenya: Shilling Recoups Lossesn Against Dollar - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/","twitter_card":"summary_large_image","twitter_title":"Kenya: Shilling Recoups Lossesn Against Dollar - Ghanamma.com","twitter_description":"Nairobi Star (Nairobi) Reuters 23 June 2011 Kenya's shilling firmed from a new all-time low after commercial banks cut their dollar positions, but ignored the central bank governor's comments that he would take action against speculators, traders said. Governor Njuguna Ndung'u did not specify what measures the bank would take, and reiterated that intervening to prop up the shilling, which has tumbled more than 10 percent against the dollar this year, would worsen the situation.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/"},"author":{"name":"","@id":""},"headline":"Kenya: Shilling Recoups Lossesn Against Dollar","datePublished":"2011-06-24T06:25:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/"},"wordCount":174,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/","url":"https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/","name":"Kenya: Shilling Recoups Lossesn Against Dollar - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-06-24T06:25:20+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/06\/24\/kenya-shilling-recoups-lossesn-against-dollar\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/446755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=446755"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/446755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=446755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=446755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=446755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}