Exchange Rate Fluctuations and the Performance of Nairobi Securities Exchange Market in Kenya During the Coronavirus Pandemic

The global financial and economic shocks which were triggered by the Coronavirus pandemic prompted a market halt causing major spark in Nairobi Securities exchange that resulted panic selling. Corona virus led to volatility of rates sharp depreciation shilling further affected performance securities market. study investigated effect rate fluctuations on for 5 months period year 2020. Daily time series data collected from exchange, Central bank Kenya National Bureau Statistics January May 2020 was used. multiple regression model results pointed out fluctuation had negative statistically insignificant during period. implied do not affect as measured NASI. Inflation positive significant with inflation 91-day treasury bills but NASI implying decrease 91- day Treasury bill enhances Investors need be conscious macroeconomic variables influence security prices particularly pandemics like Coronavirus.