On a year-to-date basis, the shilling has depreciated by 7.6% against the dollar. This is higher than the 3.6% depreciation recorded in 2021.
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The Central Bank of Kenya on Wednesday left the benchmark interest rate unchanged at 7 per cent for the ninth…
“Kenya isn’t ‘broke’”, Razia Khan, Chief Economist for Africa and the Middle East, says as the country seeks more financial…
The Kenyan Shilling on weakened marginally against major international and regional currencies during the week, despite a strong rally in…