The Kenyan shilling depreciated to a record against the dollar attributed to increased import activities by local traders. The shilling touched KSh 111.02 per US dollar on October 21, compared to KSh 110.81 per US dollar on October 14 according to data from the Central Bank of Kenya. Besides its weakening, the CBK says “The … Continue reading Kenya Shilling Hits 111 Against the Dollar, Remains Stable