The prolonged stability of the shilling at Sh129 against the dollar this year has knocked the Nairobi Securities Exchange (NSE) from the top spot in Africa in terms of dollarised returns to foreign investors.
The overall dollar returns on the 14 NSE listed firms that are included on the globally watched Morgan Stanley Capital International (MSCI) emerging and frontier market indices stood at 4.4 percent in the first two months of the year.
